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    <title>2003 (2) TMI 80 - HIGH COURT OF JUDICATURE AT MADRAS</title>
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    <description>Security furnished under an interim order in a writ appeal ordinarily lapses on final disposal unless the court expressly continues it. Here, the bond was taken only as an interim measure, no direction preserved it after disposal of the appeal, and the later allowance of the assessee&#039;s statutory appeal confirmed that there was no basis to retain it. The bond was therefore required to be cancelled and returned to the assessee.</description>
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      <title>2003 (2) TMI 80 - HIGH COURT OF JUDICATURE AT MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=46597</link>
      <description>Security furnished under an interim order in a writ appeal ordinarily lapses on final disposal unless the court expressly continues it. Here, the bond was taken only as an interim measure, no direction preserved it after disposal of the appeal, and the later allowance of the assessee&#039;s statutory appeal confirmed that there was no basis to retain it. The bond was therefore required to be cancelled and returned to the assessee.</description>
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