2024 (2) TMI 600

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..... High Court, wherein a direction was issued to the petitioner therein to deposit 25% of the total amount by way of cash and for the remaining amount the petitioner could furnishing a personal/surety bond and on that basis a direction for release of the goods. The appeal is allowed and disposed of by modifying the direction to give surety by way of Bank Guarantee with furnishing of personal/surety .....

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..... % of the total amount by way of cash and for the remaining amount the petitioner could furnishing a personal/surety bond and on that basis a direction for release of the goods. He submitted that a similar order could have been passed in this case also. But, on the other hand, the direction is to pay Rs.4,00,000/- in cash and give security by way of Bank Guarantee with respect to the remaining amou .....

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