9911796707
TMI Blog2019 (5) TMI 893X X X X Extracts X X X X X X X X Extracts X X X X ..... ERCIAL TAX TG ORDER: (Per Hon'ble Sri Justice V. Ramasubramanian) Seeking a direction to the respondents to consider their request for payment of the arrears of taxes under the APGST Act and CST Act in installments, the dealer has come up with the above writ petition. 2. Heard Mr. Vedula Srinivas, learned counsel for the petitioner and Mr. J. Anil Kumar, learned Special Standing Counsel for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... It is seen from the representation made by the petitioner that the petitioner became a sick company from the year 2011 and their account was declared as Non-Performing Asset by the State Bank of India. It appears that in the year 2017, the bank accepted a One Time Settlement (OTS) and the petitioner came out of the woods. The company is on the path to recovery. Unfortunately, at the time when the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... llments being paid on or before 15th of every succeeding English Calendar Month. If the petitioner commits default in payment of any one of the installments, it will be open to the department to proceed further in accordance with law. However, there shall be no order as to costs.
As a sequel thereto, Miscellaneous Petitions, if any, pending in the writ petition shall stand closed. X X X X Extracts X X X X X X X X Extracts X X X X
|
