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february 2008

Supreme Court of India · 2008-02-08

M/S ASHOKA SAFE DEPOSIT VAULT CO.LD.&ANR vs PADAMKUMAR

Citation / case number
SC 2007/9005
Court
Supreme Court of India
Petitioner
M/S ASHOKA SAFE DEPOSIT VAULT CO.LD.&ANR
Respondent
PADAMKUMAR
Bench
S.B. SINHA & V.S. SIRPURKAR

Judgment text excerpt

The Supreme Court, in Criminal Appeal No. 288 of 2008, held that in light of the decision in Dilip S. Dahanukar vs. Kotak Mahindra Co. Ltd., and considering that all properties of the Company and its directors have been attached, the appellants should not be required to deposit any compensation. The Court emphasized the need for the Sessions Court to expedite the disposal of the criminal appeal, thereby ensuring timely justice.

M/S ASHOKA SAFE DEPOSIT VAULT CO.LD.&ANR vs PADAMKUMAR · Niyam