M/S Shilansh Corporation Ltd. Thr. Auth. Signatory Mr. J.S. Laddha v. State of Maha. Thr. Secretary, Ministry of Co-Op. Marketing and Textile Dept. Mumbai and Another
Case brief
What is this about?
The court disposed of the writ petition allowing the auction to be maintained only if the balance deposit was made within two weeks; otherwise, the petitioner's claim fails and the EMD may be forfeited.
What did the court decide?
Auction to be maintained if balance deposit is made within two weeks; otherwise claim fails and EMD forfeited.