Court Rejects Request to Modify Stay Order After Appellant Fails to Make Rs. 3.5 Crore Pre-Deposit on Unsecured Loan.

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....Modification of Stay Order - appellant has given un-secured loan and considered to be good to others to the tune of Rs.32.52 crores, which definitely if recovered, can help them to deposit an amount of Rs.3.5 crores, which is ordered to be pre-deposited - application rejected - AT....