Supreme Court moots common platform to invest money deposited by litigants in courts
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Summary
The Supreme Court has proposed the creation of a common platform to pool and invest money deposited before different courts and tribunals by litigants [National Seeds Vs National Agro Seeds]. In a judgment delivered on September 17, a bench of Justices PS Narasimha and Alok Aradhe observed that the present system lacks uniformity and can lead to financial loss for litigantsHence, the bench opined that deposits made before different courts and tribunals could be brought under a unified scheme and