Supreme Court Orders Appellant to Provide Bank Guarantee with Interest

The Supreme Court directed the appellant to furnish a bank guarantee of Rs. 2,98,162.30 with 12% interest, to be refunded if the appeal is allowed. The bank guarantee must be provided within six weeks and maintained until the appeal is decided. The Division Bench will provide final directions on the bank guarantee. The appeal was disposed of with no costs.

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The Supreme Court directed the appellant to furnish a bank guarantee of Rs. 2,98,162.30 with 12% interest, to be refunded if the appeal is allowed. The bank guarantee must be provided within six weeks and maintained until the appeal is decided. The Division Bench will provide final directions on the bank guarantee. The appeal was disposed of with no costs.

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