M/S Jal Exports through Chirag Prakash Thakkar v. Amit Ashok Kanungo and Anr.
Case brief
What is this about?
The court allowed criminal applications for withdrawal of deposited amounts by directing appellants to furnish an undertaking as prescribed under section 143A of the Negotiable Instruments Act to the trial court.
What did the court decide?
Withdrawal of deposited amounts allowed on condition of furnishing an undertaking under section 143A of the Negotiable Instruments Act.