https://www.taxtmi.com/caselaws?id=102991 The Supreme Court directed the respondents to pay an additional Rs. 66 lakhs to the appellants within eight weeks, in addition to the Rs. 11 lakhs already deposited, in accordance with the consent terms. The Court rejected the appellants' argument regarding the default clause, emphasizing that it did not apply to non-payment of interest. The judgment's directions would become effective upon payment of the additional amount, with no order as to costs. en-us Tue, 25 Jul 1995 00:00:00 +0530 Thu, 31 Jul 2014 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102991 The Supreme Court directed the respondents to pay an additional Rs. 66 lakhs to the appellants within eight weeks, in addition to the Rs. 11 lakhs already deposited, in accordance with the consent terms. The Court rejected the appellants' argument regarding the default clause, emphasizing that it did not apply to non-payment of interest. The judgment's directions would become effective upon payment of the additional amount, with no order as to costs. Case-Laws Companies Law Tue, 25 Jul 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102991