JETHABHAI KHATAU & CO. vs LUXMI NARAYAN COTTON MILLS LTD. & ORS.

The Supreme Court set aside the interim orders of the High Court dated March 27, 1980, and September 9, 1980, reviving the earlier orders from May 4, 1978, and May 24, 1979, which mandated the Bank to pay the decretal amount to the appellant. The Court emphasized the importance of compliance with its mandatory directions, noting that the Bank's undertaking to pay the amount led to the discharge of the contempt petition. The appellant is required to provide security and an undertaking to deposit the amount with the High Court if the appeals are allowed.