Vijayadevi Navalikishore Bhartia And ... vs State Of Maharashtra And Anr

The Supreme Court upheld the interim order of the Bombay High Court allowing respondents to withdraw Rs. 5 crore upon furnishing a bank guarantee for 50% of the amount and security for the balance. The Court emphasized that the respondents must keep the bank guarantee alive during the appeal's pendency and return any withdrawn amount if the appeal is allowed. The Court directed that the balance amount be permitted for withdrawal by the appellants upon providing a satisfactory bank guarantee, thereby affirming the High Court's order.