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2016 (6) TMI 1354 - HC - Indian LawsSubject to deposit of ₹ 80 lakhs with the respondent financier within one week from date without prejudice to the rights and contentions of the respective parties, there will be an order of injunction restraining the respondent from transferring the securities under the rupee loan agreement dated 19th April, 2011. Adjourned for three weeks.
The Calcutta High Court ordered an injunction restraining the respondent from transferring securities under a loan agreement dated 19th April, 2011, subject to a deposit of Rs. 80 lakhs within one week. The case was adjourned for three weeks. (2016 (6) TMI 1354 - CALCUTTA HIGH COURT)
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