Supreme Court of India · 2008-12-17
M/S VENKATESH CHEMI-COLOUR CO. vs HATIM SUTERWALLA .
- Citation / case number
- SC 2008/35571
- Court
- Supreme Court of India
- Petitioner
- M/S VENKATESH CHEMI-COLOUR CO.
- Respondent
- HATIM SUTERWALLA .
- Author
- B.N. AGRAWAL,G.S. SINGHVI,R.M. LODHA, ,
- Bench
- B.N. AGRAWAL,G.S. SINGHVI,R.M. LODHA, ,
Judgment text excerpt
The Supreme Court allowed the appeal against the decree in Summary Suit No.1721 of 2001, which was based on the defendants' failure to deposit Rupees thirty lakhs as per a prior order. The court noted that the parties agreed to deposit Rupees seventy-two lakhs within four weeks, allowing the defendants to contest the suit. The court emphasized that failure to deposit the amount would result in the order being recalled and the appeals dismissed.