M/S Lalsons Jewellers Ltd. and Ors. v. Oriental Bank of Commence
Case brief
What is this about?
The court dismissed the caveat filed by the respondent. It allowed the exemption application and disposed of the writ petition and stay application upon the petitioners undertaking to hand over possession of three specific properties to the respondent bank by stipulated dates, without expressing an opinion on the merits.
What did the court decide?
The petitioners were directed to undertake to hand over possession of properties at Moti Nagar, Paschim Vihar, and Karol Bagh to the respondent bank by 8th, 22nd May, and 11th June 2018.