1989 (1) TMI 332

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....respondent. 2.. The writ petition is for the following relief: "...... to issue a writ of mandamus or any other appropriate writ, direction or order directing the respondent to accept the bank guarantee produced by the petitioner and acknowledge receipt of the same to enable the petitioner to approach the appellate authority for grant of stay, pending disposal of the appeal before the appellate ....

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....e course adopted by the respondent is wholly unwarranted and that the attachment of bank account has nothing to do with the receipt of the bank guarantee furnished by the petitioner along with the security bond. The respondent is expected to merely acknowledge receipt of the same so that necessary orders can be passed by the appellate authority. It is not the case where the security offered is no....