2014 (11) TMI 62

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t has already granted an interim order of injunction - Therefore, this is a case where the application of the principle of hardship is warranted – revenue also should take note of the fact that whatever is collected now, may safeguard their interests ultimately in view of the pendency of the company petition for winding up – the order is modified and the payment to be made is reduced to 20% of to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , the Company Court has already granted an interim order of injunction. Therefore, this is a case where the application of the principle of hardship is warranted. The Department also should take note of the fact that whatever is collected now, may safeguard their interests ultimately in view of the pendency of the company petition for winding up. 4. Therefore, taking into account the interests .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X