Jayesh Sanghrajka v. Sudhakar Shetty
Case brief
What is this about?
This interim application sought to vacate a warrant of attachment issued under CPC in a corporate insolvency case. The court allowed the application subject to the condition that the admitted claim amount of Rs. 1,24,64,066 be deposited into the petitioner's account.
What did the court decide?
The warrant of attachment dated 19th September, 2006 was cancelled and the attachment is lifted/raised, subject to the deposit of Rs. 1,24,64,066/- into the account of the proprietor of the Plaintiff.