TRIDENT INDIA LTD. vs CHAM ICE & COLD STORAGE .

The Supreme Court directed the appellant to furnish solvent security instead of a bank guarantee for the release of Rs. 2 crores deposited with the High Court. The Court emphasized the need for expeditious disposal of the appeal by the High Court within three months and instructed the parties to cooperate with the Court to avoid unnecessary adjournments. The appeal was disposed of with no order as to costs.