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2021 (3) TMI 371

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..... no idea as to what is a bond and what is a bank guarantee . There is no good reason for the respondent No.2 to be wiser than what the Court - It is made clear that the goods shall be released on deposit of an amount of ₹ 18 Lakh and so far the balance amount of ₹ 52 Lakh towards fine is concerned, the writ applicant shall execute a bond to the satisfaction of the respondent No.2. Th .....

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..... ER PER: HONOURABLE MR. JUSTICE J.B.PARDIWALA 1. By this Misc. Civil Application, the applicant original petitioner has prayed for the following relief :- A. This Hon'ble Court may be pleased to clarify that the bond as mentioned in order dated 8.2.2021 is not required to be accompanied by bank guarantee/security and that the goods/vehicle are required to be released on the .....

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..... eld liable to be confiscated, he shall make good the entire payment towards fine in lieu of confiscation. This writ application is disposed of directing the respondent No.2 to release the goods on payment of ₹ 18 Lakh and other conditions as imposed by this Court. 3. We have heard Mr. Uchit N. Sheth, the learned counsel appearing for the applicant and Mr. Utkarsh Sharma, the learned AGP .....

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..... use of his misconception of law. We could have taken a very serious note of this, but we refrain ourselves from observing anything further in this regard. 5. We once again direct the respondent No.2 to release the goods once the writ applicant deposits an amount of ₹ 18 Lakh towards the tax and penalty and executes a bond for the balance amount of ₹ 52 Lakh. 6. We request Mr. Utk .....

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