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Corporate Law

SC Grants stay to ‘Tecnimont’ subject to further deposit of Rs. 5 Crore

Case Law Details

Case Name
State of Punjab & Ors. Vs Tecnimont Pvt. Ltd. (Supreme Court of India)
Date of Judgement/Order
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Advertisement State of Punjab & Ors. Vs Tecnimont Pvt. Ltd. (Supreme Court) FULL TEXT OF THE SUPREME COURT JUDGMENT/ORDER Heard Mr. Karan Bharihoke, learned Advocate for State of Punjab and Mr. Jagmohan Bansal, learned counsel for the respondent on caveat. Considering the peculiar facts and circumstances of the case on record, in our view, the ends of justice would be met if the respondent is directed to deposit a further sum of Rs. 5 crores within four weeks from today. Ordered accordingly. It is made clear that in case the amount is not deposited within the time stipulated, the appeal...
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