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2006 (7) TMI 6

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..... question of law raised in this appeal open to be decided in an appropriate case. It is also submitted by the learned Additional Solicitor General that in view of the withdrawal of the entire amount from the Bank Account, a fresh show cause notice was issued after the investigation was completed. It is for the appellant to proceed further in accordance with law - there cannot be any order of seizur .....

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..... ny direction under Section 110(3) read with Section 113(i) and Section 121 of the Customs Act, 1962. Consequently, the High Court has directed the second respondent Bank to release the account of respondent no. 1 and permit operation thereof. 4. In this appeal, several grounds have been raised by the Union of India questioning the legality and correctness of the orders passed by the High Court, .....

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..... erim stay till the matter is listed on due date. 6. It is, thus, seen that the first respondent has withdrawn the amount in the Bank Account before the order of stay was passed by this Court. In view of the withdrawal, the appeal filed by the appellants has become infructuous. However, we leave the question of law raised in this appeal open to be decided in an appropriate case. It is also submit .....

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