M/S A.P. TECHNOLOGY SERVICES LTD vs M/S ZICOM ELECTRONIC SECURITY SYSTEMS — SLP(C) No. 16501/2012

Case Summary: SLP(C) No. 16501/2012 A.P. Technology Services Ltd v. Zicom Electronic Security Systems The Supreme Court disposed of the special leave petition on 18 October 2012 by modifying the Andhra Pradesh High Court's judgment. The Court modified the direction allowing the respondent to withdraw a deposited amount without furnishing security. Instead, the Court ordered that the respondent may withdraw the deposited amount only upon furnishing a Bank Guarantee to the satisfaction of the High Court's Registrar General. The petitioner's interim relief prayer (staying the withdrawal without security) was allowed. This case analysis is maintained by casestatus.in based on publicly available court records.