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2017 (2) TMI 1477 - SC - Companies LawDischarge of bank guarantee already furnished - HELD THAT:- Petitioner makes a statement that he will deposit a sum of ₹ 3,00,00,000/- within a period of four weeks from today on which the bank guarantee already furnished by him will stand discharged - Further, within a period of six months thereafter, he undertakes before this Court to deposit the balance amount of ₹ 15,00,00,000/- making a total sum of ₹ 18,00,00,000/- which is the principal amount as stated in the Agreement dated 02.04.2014. The amounts, so deposited, shall stand to the credit of a suit which the respondent proposes to file within a period of four weeks from today - SLP disposed off.
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