Ms Bhawaya Pipe Pvt. Ltd. v. Indian Bank
Case brief
What is this about?
Applicant sought modification of an earlier order allowing release of pre-deposit. The application was allowed, modifying the directed release from the applicant-company to Ranjay Singh, the managing director, due to account closure.
What did the court decide?
The order dated 28.08.2024 was modified to direct the registry to release the pre-deposit amount in favour of Ranjay Singh instead of M/s Bhawaya Pipe Pvt. Ltd.