M/S Laxmi Offset Printers v. the State of Karnataka
Case brief
What is this about?
In two connected writ petitions challenging an E-tender notice for a property auction held by a bank, this Court allowed an application to withdraw deposited funds subject to conditions regarding security, but disposed of the main writ petitions as infructuous because the scheduled auction had not taken place.
What did the court decide?
Prayer to withdraw deposited amount Rs. 12,00,000/- allowed partly subject to furnishing security; main writ petitions disposed of as infructuous.