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2020 (10) TMI 1386

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..... e jurisdiction of this Court - HELD THAT:- It was put to the learned senior counsel for the petitioners that as the proceedings are pending and are to be adjudicated by the Adjudicating Authority, if the petitioner was ready and willing to deposit the attached amount, that is, Rs. 70,25,716.40, by way of a fixed deposit, in lieu of the property, with this Court, with such fixed deposit abiding by .....

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..... ns passed therein. The petition is disposed off. - HON'BLE MR. JUSTICE NAVIN CHAWLA For the Appellant : Mr. Ajit K. Sinha, Sr. Adv. with Mr. Ashwarya Sinha, Mr. Alok K. Singh, Advs. For the Respondent : Mr. Anil Soni, CGSC with Mr. Devesh Dubey, Adv. for R-1. Mr. Amit Mahajan, CGSC, Ms.Mallika Hiremath, Adv. for R-2 to 4. ORDER 1. This hearing has been held by video conferencing. 2. This pet .....

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..... of Rs. 4,84,56,016/- Total Rs. 70,25,716.40 4. The learned counsel for the respondents, who appears on advance notice, had raised an objection on the territorial jurisdiction of this Court, placing reliance on the judgement dated 05.12.2018 of this Court in WP(C) 12494/2018, titled Aasma Mohammed Farooq and Anr. vs. Union of India and Ors. 5. The learned senior counsel for the petitioner had refut .....

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..... d senior counsel for the petitioner, today, on instructions, submits that the petitioner is ready and willing to make such deposit without prejudice to the rights and contentions of the petitioner as also subject to the outcome of the proceedings before the Adjudicating Authority. 9. In view of the above, while leaving the question of territorial jurisdiction open to be adjudicated is an appropria .....

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