https://www.taxtmi.com/caselaws?id=108557 The High Court allowed the petition, quashed the orders passed by the Tribunals, and directed the petitioner to pay Rs. 50,00,000.00 to the respondent-bank by a specified date. Failure to comply would result in legal actions by the bank. The deposited amount would accrue interest and be held separately. The final decision on the amount would be determined during the hearing for setting aside the ex parte decree. en-us Fri, 18 Oct 2002 00:00:00 +0530 Mon, 02 Apr 2012 15:56:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108557 The High Court allowed the petition, quashed the orders passed by the Tribunals, and directed the petitioner to pay Rs. 50,00,000.00 to the respondent-bank by a specified date. Failure to comply would result in legal actions by the bank. The deposited amount would accrue interest and be held separately. The final decision on the amount would be determined during the hearing for setting aside the ex parte decree. Case-Laws Companies Law Fri, 18 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108557