Allowed
M/S Jal Exports through Chirag Prakash Thakkar v. Amit Ashok Kanungo and Anr.
Bombay HCAPPR/149/2019
Case brief
AI extract
What is this about?
In three connected criminal applications challenging recovery proceedings, the High Court of Judicature at Bombay allowed withdrawal of deposited amounts conditional on the applicant furnishing an undertaking under section 143A of the Negotiable Instruments Act.
What did the court decide?
Withdrawal of amounts deposited in C.C. Nos. 5453/SS/2011 to 5456/SS/2011 allowed on condition of furnishing an undertaking under section 143A Negotiable Instruments Act.