A. Susheelamma, v. Margadarshi Chit Fund (P) Ltd.
Case brief
What is this about?
The High Court in a revision petition set aside an order dismissing a stay application. The court directed a stay of execution of a decree subject to the deposit of half the decreetal amount within two months, on which the decree holder could withdraw the held money without security.
What did the court decide?
Stay of execution of decree in O.S.No.586 of 2009 conditioned upon deposit of half the decreetal amount within two months; decree holder may withdraw deposit without security upon default vacates stay