M/s. Shree Shyam Road Carrier v. The State Of Bihar and Ors.
Case brief
What is this about?
Petitioner sought release of a bank guarantee of Rs. 66,00,000 furnished for vehicle registration, arguing inability to return stickers. Court directed respondents to release the guarantee upon filing an affidavit undertaking non-misuse of stickers.
What did the court decide?
Directed respondents to return/release bank guarantee of Rs. 66,00,000 upon petitioner filing affidavit undertaking non-misuse of stickers.