V.K. INDUSTRIES vs M.P. ELECTRICITY BOARD, RAMPUR

The Supreme Court held that the conditions imposed by the High Court for setting aside the ex parte decree were onerous and unreasonable. The Court emphasized that while it is within the court's discretion to impose terms for restoring a case, such terms must be reasonable and not excessively harsh. The Court modified the requirement for the defendants to deposit Rs. 2,00,000 and furnish a bank guarantee, allowing them to deposit a further sum of Rs. 50,000 instead, while upholding the rest of the High Court's order.