Gurudev Rice and Agro Products Private Limited v. the State of Kerala
Case brief
What is this about?
In this writ petition, the petitioner-supplier complained that creditors were initiating coercive recovery proceedings. The Court, accepting the petitioner's financial distress, did not adjudicate the quantum dispute but directed the respondent to make an immediate partial payment and settle the liability by a specified date.
What did the court decide?
The 2nd respondent was directed to pay ₹50,00,000/- within one week and settle the total liability on or before 31.12.2016.