9911796707
TMI Blog2017 (4) TMI 1485X X X X Extracts X X X X X X X X Extracts X X X X ..... a sum of ₹ 2.4 crores should be deposited so as to make up the total of ₹ 34 crores. In the event of default in depositing the sum of ₹ 10 crores as directed above, or any such installment of ₹ 2.4 crores, which is a weekly sum thereafter, would result in the protection granted by this Court coming to an end forthwith. Thereafter, the orders passed by the DRAT on 17th May, 2016 and 11th April, 2017 would both stand and uninterfered with. In the event the amount is deposited by 31st July, 2017, the DRAT shall restore the appeal to its file for hearing on merits and in accordance with law. Petition disposed off. - Writ Petition (L) No. 1046 Of 2017, Writ Petition (L) No. 1100 Of 2017 - - - Dated:- 25-4-2017 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing Appeal No. 104 of 2016 for being heard on merits. 3. Mr. Chinoy, learned senior counsel appearing for the petitioner in both matters, sought time till recess. Post recess, Mr. Chinoy stated on instructions that the petitioner would bring in the sum of ₹ 34 crores, but would require some time for that purpose. Mr. Chinoy submits, on instructions, that the sum of ₹ 10 crores would be deposited on or before 13th May, 2017. Thereafter, every week, a sum of ₹ 2.4 crores will be deposited and until the entire sum of ₹ 34 crores, as stated above, is brought in. This sum of ₹ 34 crores is stated to be the amount which remains balance after the liability to comply with the condition of pre deposit is crystallized ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 34 crores should be deposited in installments and as stipulated by Mr. Chinoy. The 1st installment shall be deposited by 13th May, 2017 in the sum of ₹ 10 crores. Thereafter, every week, a sum of ₹ 2.4 crores should be deposited so as to make up the total of ₹ 34 crores. 7. In the event of default in depositing the sum of ₹ 10 crores as directed above, or any such installment of ₹ 2.4 crores, which is a weekly sum thereafter, would result in the protection granted by this Court coming to an end forthwith. Thereafter, the orders passed by the DRAT on 17th May, 2016 and 11th April, 2017 would both stand and uninterfered with. In the event the amount is deposited by 31st July, 2017, the DRAT shall restore the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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