Supreme Court orders liquidator to refund Rs 2 crore Earnest Money Deposit with 6% interest from January 2020 within one week.
Case involves non-compliance with NCLAT's August 2023 order directing refund of EMD amount with accrued interest.
Liquidator cited practical difficulties including inability to trace fixed deposit and uncertainty about rightful recipients.
Court warned of strict action for any further non-compliance with its refund directive.