Mehta Integrated Finance Limited received a favorable interim execution order from the Commercial Court at City Civil Court, Ahmedabad, allowing them to withdraw a ₹1 crore security deposit plus interest. The opposite party, Radhe Estate Developers, has challenged this order in the High Court. The company can withdraw the funds upon submitting personal bonds by directors and other required documents. However, no financial implications will be reflected in the company's accounts until the final High Court verdict.
Mehta Integrated Finance Gets Favourable Court Order for ₹1 Crore Security Deposit Withdrawal