Roy Varghese v. the Managing Director
Case brief
What is this about?
Petitioner, a completed government contractor, sought refund of security and payment dues. Court directed release of retention and maintenance amounts on executing a simple bond within three months; trial run amount to be released after successful completion of trial run.
What did the court decide?
Respondents directed to release retention and maintenance amounts on execution of simple bond; trial run amount release conditional on successful trial run.