Nitya Electrocontrols Pvt. Ltd. v. Unique Engineers Private Ltd.
Case brief
What is this about?
The Single Judge disposed of a company law petition after the Division Bench accepted the respondent's compliance with payment terms, canceled the provisional liquidator appointment, and directed the release of deposited funds with interest.
What did the court decide?
Registry directed to release deposited amount with accrued interest to petitioner; direction for provisional liquidator appointment cancelled; citation not to be published.