M/S.Dayal Fertilizers Pvt. Ltd. and 2 Others v. Sulphur Mills Limited and Another
Case brief
What is this about?
Application permitted applicants to deposit Rs.50,00,000/- each with Registrar General, Madras High Court in lieu of Bank Guarantee for compliance of orders in connected writ petitions.
What did the court decide?
Directing Registrar General to encash DDs and deposit amounts in an interest-bearing account for renewal periodically.