9911796707
TMI Blog2015 (1) TMI 275X X X X Extracts X X X X X X X X Extracts X X X X ..... ICI Bank Ltd. – decided partly in favour of petitioner. - Writ Petition (L) No. 3010 of 2014 - - - Dated:- 17-12-2014 - S. C. Dharmadhikari And A. A. Sayed,JJ. For the Petitioner : Mr D B Shroff, Sr. Adv., Mr H Daruwalla Khaitan Co. For the Respondents : Mr B B Sharma, AGP, Mr Parag Vyas Mr H V Mehta ORDER P.C. This Writ Petition was moved urgently by the Petitioners and we granted Mr.Shroff, learned Senior Counsel, liberty to mention it at 5 O' clock yesterday and today at 3 O'clock considering the urgency. Leave to amend in terms of draft amendment tendered in. Amendments to be carried out within 10 days from today. Service on added Respondents is dispensed with as no relief is claimed against th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eleased from attachment in order to enable the Petitioners to carry on their business. 6. After the Writ Petition was heard for some time, and Mr.Sharma appearing for the Respondents raised the serious apprehension about the dues of the Revenue being secured, that we called upon Mr.Shroff to indicate as to how the tax liability would be secured. 7. On taking instructions Mr.Shroff submits that the sum of ₹ 8,00,00,000/- has been deposited in cash and out of total tax liability of ₹ 23,45,39,563/-, that is tabulated by the Petitioners, and table/chart has been handed over together with copies of the final notices of assessment under the Central Sales Tax Act, 1956. The figure as derived by the Petitioners has not been confi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /Authorities; (e) If the Appeals are filed and applications are made within the time aforesaid, we expect the State Government not to raise a plea of limitation and equally the Appellate Authority not to dismiss the Appeals, if filed, only on the ground of limitation; (e-i) If the Appeals are not filed or filed, but no interim orders are passed or obtained by the Petitioners, the Revenue/Department is free to recover the sums due and payable in accordance with law and if permissible by attachment of all Bank Accounts; (f) The Petitioners shall be given an opportunity, in the event compliance is made with the aforesaid, to argue their applications for interim reliefs on their own merits and in accordance with law. (g) The Petitio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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