TMI Blog2024 (2) TMI 1460X X X X Extracts X X X X X X X X Extracts X X X X ..... ries Ltd. was more than Rs. 5 crores. It is also not disputed that Responsive Industries Ltd. has deposited Rs. 5 crores with the department. The amount which is lying in excess with the department was appropriated for the dues of the sister concern Axiom Cordages Ltd. No provision of law has been pointed out that the same is not permissible.' - HELD THAT:- It is not required to interfere with ..... X X X X Extracts X X X X X X X X Extracts X X X X
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