Goraj Cotspin Pvt. Ltd. Beed and Others v. the Union of India and Others
Case brief
What is this about?
In an interim stage of a writ petition regarding a bank dispute, the High Court disposed of the matter pending a fresh One Time Settlement proposal from the bank, noting that previously directed deposit would be adjusted.
What did the court decide?
Disposed of the writ petition. Ordered that the deposit of Rs. 1 crore be adjusted against any fresh proposal and 5% may be requested for refund.