TMI Blog2022 (9) TMI 1230X X X X Extracts X X X X X X X X Extracts X X X X ..... er: Mr.P.V.Balasubramanian, Mr.Akhil Bahnsali For Respondents: Mr.V.Sundareswaran, Senior Standing Counsel And Ms.K.Indu Priya ORDER Heard Mr.P.V.Balasubramanian, learned counsel for Mr.Akhil Bahnsali, learned counsel for the petitioner, Mr.V.Sundareswaran, learned Senior Panel Counsel for R1 and Ms.K.Indu Priya for R4. Service is complete on R2 & R3 but there is no appearance. 2.The petition ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e of Revenue Intelligence issued summons under Section 108 of the Customs Act, 1962 (in short 'Act') to the petitioner, and seized the vehicle under mahazar on 14.07.2021. The seized vehicle was kept under custody of Anamallais Toyota Service Centre which is arrayed as R4. The petitioner has challenged the seizure memo in this Writ Petition. 5.Pending Writ Petition, the petitioner's a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... One Crore Fifty Lakhs only) having clause binding the issuing bank to keep it renewed and valid till final adjudication of the case, or in the event of non renewal of Bank Guarantee as above, the guaranteed amount be credited to the Government account by the bank on its own as prescribed in para 5 of Circular No.35/2017-Customs dated 16.08.2017." 6.The above order has not been questioned by the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6.08.2017. 3.Bank Guarantee of Rs.1,20,00,000/- (Rupees One Crore and Twenty Lakhs Only) should be executed with clause binding the issuing bank to keep it renewed and valid till final adjudication of the case, or in the event of non-renewal of Bank Guarantee as above, the guaranteed amount be credited to the Government account by the bank on its own as prescribed in para No.5 of Circular No.35/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re completed at the very earliest. 9.As far as the present Writ Petition is concerned, much water has flown under the bridge from the time of issuance of seizure memo, with which this Writ Petition has been rendered infructuous. It is closed as such. Liberty is granted to the petitioner to seek modification of the conditions imposed under order dated 29.12.2021 if it so advised and if it so desir ..... X X X X Extracts X X X X X X X X Extracts X X X X
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