Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2021 (3) TMI 242

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... al title deeds pertaining to these properties? HELD THAT:- The petitioner-company is directed to file an affidavit, in the very least, in respect of the following aspects, in the course of the day:- (i) Whether or not the subject properties are unencumbered and/or free of charge. (ii) Whether the petitioner-company is willing to deposit the original title deeds with the respondents. ( .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (Delhi South), New Delhi wherein it is conveyed that the properties which the petitioner company offers to furnish as security bears a cumulative purchase value of ₹ 9,80,51,000/- . 2. It appears, this affidavit is based on details furnished on behalf of the petitioner company qua five (5) immovable properties. 3. According to Mr. Gulati, learned Senior Advocate, who appears for the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... note that, according to the respondent, the GST liability of the petitioner company is ₹ 20.22 crores, which includes the principal amount of ₹ 17.26 crores along with interest amounting to ₹ 2.96 crores. 6. Mr. Aggarwala, has indicated that petitioner-company may also be liable for penalty although no show cause notice has been issued in that regard. 7. Therefore, in the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates