Though sufficient time and liberty to verify relevant records was given, he failed to answer queries b to e on one ground or another number tenable in law and hence adverse inference has to be drawn against him.
On August 6, 2001 brother of Respondent No.2 Harshad Metha filed an affidavit stating that he is number claiming any set off against Appellant regarding his claims.
It is said that those shares were sold and the Respondent No.2 is liable to companylect the sale proceeds and pay the same to Appellant.
29/ per share.
