https://www.taxtmi.com/caselaws?id=199326 Security for withdrawal of deposited was construed broadly to include a bank guarantee furnished by the applicant itself, because security need not be limited to a third-party surety and may take the form of an unconditional undertaking that sufficiently safeguards repayment. On that basis, withdrawal of the deposited amount was permitted subject to verification of the guarantee, including liability for interest. A claim of banker's lien did not prevent an order for production of documents in the defendant's possession or power where they related to the matter in issue, and photocopies with an undertaking to produce originals when required were accepted. en-us Thu, 08 Sep 1994 00:00:00 +0530 Mon, 26 Feb 2018 14:29:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199326 Security for withdrawal of deposited was construed broadly to include a bank guarantee furnished by the applicant itself, because security need not be limited to a third-party surety and may take the form of an unconditional undertaking that sufficiently safeguards repayment. On that basis, withdrawal of the deposited amount was permitted subject to verification of the guarantee, including liability for interest. A claim of banker's lien did not prevent an order for production of documents in the defendant's possession or power where they related to the matter in issue, and photocopies with an undertaking to produce originals when required were accepted. Case-Laws Companies Law Thu, 08 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199326