1991 (10) TMI 9

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..... respondents Nos. 5 and 6 in the writ petition praying for modification of the interim order. Brief facts of the case are these : Respondents Nos. 5 and 6 were the owners of a premises situate in Jayanagar in the City of Bangalore. An agreement was entered into between them and the first respondent for the sale of the said premises to the first respondent for a sum of Rs. 35,50,000. After the e .....

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..... ation for compelling the appellants to furnish a bank guarantee. That application was rejected. Aggrieved by the said order, the appellants have presented these appeals. Sri Udaya Holla, learned counsel for the appellants, submitted that there was no justification for asking the appellants to furnish bank guarantee for the reason that the possession of the entire property has been taken by the I .....

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