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.