Gaurang Doshi and 2 Ors. v. Scorg Iternational Consulting Pvt. Ltd. and Anr.
Case brief
What is this about?
In a commercial appeal against a contempt order, the High Court accepted an oral undertaking by the appellants to deposit the awarded amount within two months. The court suspended the imprisonment sentence and the fine, permitting the appellants to comply and allowing the respondent to withdraw the deposited amount without security.
What did the court decide?
Impugned order suspended; appellants permitted to deposit ₹1,15,11,111 within two months; respondent allowed to withdraw ₹2,000 fine without security.