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2023 (9) TMI 1652

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..... court order or not - HELD THAT:- The petition would become infructuous in view of the letter dated 01.09.2023 and the affidavit cum-undertaking shall also cease to operate. The petition is accordingly disposed of. - HONOURABLE MR. JUSTICE BIREN VAISHNAV AND HONOURABLE MR. JUSTICE BHARGAV D. KARIA MR DHAVAL SHAH (2354) For the Petitioner MR DHAVAL D VYAS (3225) NOTICE SERVED For the Respondent O .....

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..... ps be pleased to direct the Registry to return the undertaking of the Directors submitted by the Petitioner in compliance of the orders dated 23.02.2022 of this Hon'ble Court; (c) That pending the hearing and final disposal of the above Petition, this Hon'ble Court be pleased to direct the Respondents to comply with the order dated 23.02.2022 passed by this Hon'ble Court in Special Civ .....

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..... e dispose of this writ-application with a direction to the respondent no.2 to de-freeze the three bank accounts upon the writ applicant furnishing a bank guarantee of Rs. 1.25 Crore and individual undertakings of the Directors of the company as above. 12. The bank guarantee shall continue till the statutory time period of all the three orders passed under Section-83 of the Act comes to an end. If .....

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..... otice is issued, then unnecessarily the bank guarantee would also continue. We also expect the writ-applicants to cooperate in the inquiry and produce all the necessary documents as demanded by the Department. 5. Learned advocate Mr.Dhaval Vyas For the respondent has placed on record the letter dated 01.09.2023 addressed to the learned advocate Mr.Dhaval D.Vyas by the Additional Commissioner (AF), .....

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