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Trident India Ltd vs Cham Ice & Cold Storage & Ors on 12 January, 2011

4.6 Seeking to counter the said preliminary submission, it was urged by learned Advocate General that the observations made in the order would depict that the Court below has expressed its conclusive opinion. It was submitted that the observation made by the Court below and the reliance placed on the order passed by the Supreme Court in Trident India Ltd. (supra) was misplaced. According to his submission, the Court below has kept the matter only for adjudication on the compliance of the directions issued in the impugned order. It was sought to be Page 7 of 12 Downloaded on : Sat Sep 16 22:16:14 IST 2023 NEUTRAL CITATION C/SCA/9821/2023 ORDER DATED: 20/07/2023 undefined submitted that the contention of the petitioner regarding discrepancy in the valuation of the properties, furnishing of bank guarantee instead of pledging of immovable properties as security are almost finally decided to be negatived. It was submitted that in such circumstances, the petitioner have to file the present petition.
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