N.R. Srinivasan v. M/S. Sagar Investments
Case brief
What is this about?
The High Court of Madras made an interim order in CMPs. 11984 and 16128 of 2018, declaring the earlier interim stay absolute after security was deposited, permitting the first respondent to withdraw the amount.
What did the court decide?
The interim stay was made absolute; the 1st respondent permitted to withdraw the deposited sum of Rs. 6,12,000 within one week.