2021 (2) TMI 1125

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..... enior Advocate a/w. Mr. J.B. Mishra for Respondent Nos.1, 2 and 3. Ms. Shruti Vyas - B panel counsel for Respondent No.4 - State.   P.C.: Heard Mr. Ponda, learned senior counsel for the petitioners. 2. Issue notice. 3. Mr. Mishra, learned counsel assisting Mr. Jetly, learned senior counsel waives notice on behalf of respondent Nos.1, 2 and 3 and Ms. Vyas, learned AGP waives notice for re .....

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..... He submits that out of the alleged availing of ineligible Input Tax Credit of slightly more than Rs. 9 crores, petitioner No.1 has deposited Rs. 4.80 crores which is more than 50% of the alleged dues. He further submits that petitioner Nos. 2 to 8 have co-operated with the investigation and will continue to do so. No useful purpose would be served by arresting petitioner Nos. 2 to 8 except causing .....

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