VIJAYADEVI NAVALIKISHORE BHARTIA vs STATE OF MAHARASHTRA

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 the amount if the appeal is allowed. The decision clarifies the conditions under which withdrawal of funds can occur in civil appeals, ensuring protection of the appellants' interests.