Raju Dass Dir.Of M/S.Award Exports ... vs Deepak Loomba & Anr

The Supreme Court disposed of the Contempt Petition (Crl.) No. 2 of 2007, stating that the respondent-contemnor had submitted a bank guarantee to the Registrar of the Calcutta High Court, which was acknowledged and is subject to scrutiny. The Court held that since the bank guarantee was filed, no further action was required in the contempt matter, effectively concluding the proceedings.