TMI Blog2021 (8) TMI 311X X X X Extracts X X X X X X X X Extracts X X X X ..... in favour of the Petitioner. In case the recovery is not stayed, irreparable loss shall be caused to the Petitioner. The operation, implementation and execution of the impugned order No.35/2020 dated 04.09.2020 and impugned order No.34/2020 dated 07.09.2020 (Annexures P1 and P2 respectively to the memo of the writ petition), as well as the Recovery Notice dated 15.07.2021, is stayed. Application d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ively, within a period of 7 days from the date of receipt of recovery notice. Issue notice Learned counsels as mentioned above appearing for the Respondents accept notice. Learned Senior Counsel for the Petitioner contends that the import of goods in question from South Korea took place prior to the Amendment by the DGFT Notification dated 25.08.2017, whereby import of gold from South Korea was ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e out a prima facie case for grant of interim relief in its favour and the Balance of Convenience is also in favour of the Petitioner. In case the recovery is not stayed, irreparable loss shall be caused to the Petitioner. We accordingly stay the operation, implementation and execution of the impugned order No.35/2020 dated 04.09.2020 and impugned order No.34/2020 dated 07.09.2020 (Annexures P1 a ..... X X X X Extracts X X X X X X X X Extracts X X X X
|