2024 (2) TMI 1460 - SCH - GST

Challenge to order of appropriation - it was held by High Court that 'There is nothing on record to even remotely suggest that the dues towards Responsive Industries Ltd. was more than Rs. 5 crores. It is also not disputed that Responsive Industries Ltd. has deposited Rs. 5 crores with the department. The amount which is lying in excess with the department was appropriated for the dues of the sister concern Axiom Cordages Ltd. No provision of law has been pointed out that the same is not permissible.' - HELD THAT - It is not required to interfere with the impugned judgment and order passed by the High Court. Hence, the Special Leave Petition is dismissed.

Summary

The Supreme Court of India dismissed the Special Leave Petition after hearing the counsel and declined to interfere with the impugned judgment and order passed by the High Court. Pending applications were disposed of. Justices Pamidighantam Sri Narasimha and Aravind Kumar were presiding. Key representatives included Mr. N. Venkataraman for the Petitioner and Mr. Kunal Verma for the Respondent.