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2018 (7) TMI 15

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..... Held that:- What is important to note is that the present relief granted to the petitioner is under revised rehabilitation scheme - the first respondent has to reconsider the matter and pass a fresh order, since time has been granted to the petitioner for complying with the export obligation. Appeal allowed by way of remand. - W.P. No. 4090 of 2008 & M.P. No. 1 of 2008 - - - Dated:- 15-12-2017 .....

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..... nd did not produce the discharge certificate. This writ petition was filed on account of the fact that the petitioner has been declared as SICK industrial undertaking and the matter is pending before the BIFR. The Court having considered the said issue, granted an order of interim stay and the writ petition is pending. 3. Initially there was a scheme framed by the BIFR. Subsequently, there is a .....

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..... side. 5. Learned Counsel appearing for the second respondent would submit that the bank guarantee furnished by the petitioner is still valid and in force. 6. Learned Counsel for the first respondent by referring to the counter-affidavit pointed out that amount towards Central Excise and Customs duty are not covered in the revival scheme. However, what is important to note is that the present .....

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