2020 (2) TMI 368

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..... ommittee itself. Mr. Srivastava states that the applicant will have no serious objection even if the designated Committee orders the encashment of the Bank Guarantee for the purposes of appropriating the amount guaranteed thereby towards the settlement under the said scheme. At this stage, we leave all these matters to the decision of the designated Committee itself. Based upon the decision of .....

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..... Bank Guarantee and Bond furnished may be order to be released. (C) to pass such other order or orders that may be deemed fit ad proper in the interests of justice. 3. Insofar as prayer clause (A) is concerned, there can be no difficulty to grant the same particularly since the applicant has already approached the designated Committee to seek the benefits under the Sabka Vishwas (Legacy D .....

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..... e has already been issued and the designated Committee is proceeding further under the scheme. 8. In the aforesaid circumstances, we feel that the issue of discharge of Bank Guarantee and the Bond may be properly determined by the designated Committee itself. Mr. Srivastava states that the applicant will have no serious objection even if the designated Committee orders the encashment of the Ban .....

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