AP High Court Rejects ONGC’s Plea Seeking Security From Deep Industries For Rs 42.89 Crore Already Withdrawn With Consent

The High Court of Andhra Pradesh has rejected an interlocutory application filed by the Oil and Natural Gas Corporation Ltd (ONGC) seeking to direct Deep Industries Ltd (DIL) to either re-deposit Rs 42.89 crore or furnish a bank guarantee for the said amount. The division bench, comprising Justice Ravi Nath Tilhari and Justice Balaji Medamalli,

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