9911796707
TMI Blog2025 (2) TMI 613X X X X Extracts X X X X X X X X Extracts X X X X ..... rned Senior Advocate for the Bank and Mr. Suresh Kumar, the learned counsel for the Income Tax Department have adopted a most reasonable approach in the matter which requires to be appreciated. They have not only done their best to protect the interest of the parties to whom they represent, but, as officers of this Court, they have also ensured that no injustice is caused to the Petitioner. Accordingly, we record our appreciation for their role in this matter. But for them, we are not too sure, whether their clients, would have adopted or agreed to adopt such a reasonable course in this matter. Accordingly, from out of the amount of Rs. 70,00,000/- deposited in this Court, the Petitioner is granted liberty to withdraw an amount of Rs. 60, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Ranjan from Bank of Maharashtra present. PC:- 1. Heard learned counsel for the parties. 2. Mr. Sancheti, the learned Senior Advocate for the Bank of Maharashtra and Mr. Suresh Kumar, the learned counsel for the Revenue, state that an amount of Rs. 70,00,000/- (Rupees Seventy Lakhs) has been deposited in this Court. They state that the price of gold ornaments that had to be returned to the Petitioner would be approximately Rs. 59,50,000/- and not Rs. 70,00,000/- (Rupees Seventy Lakhs). Therefore, they state that rounded amount of Rs. 60,00,000/- (Rupees Sixty Lakhs) would be paid to the Petitioner from out of the deposited amount. 3. Mr. Sancheti hands in compliance affidavit of Mr. Sanjay Kumar Dash, the Assistant General Manager of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecord that Mr. Sancheti, the learned Senior Advocate for the Bank and Mr. Suresh Kumar, the learned counsel for the Income Tax Department have adopted a most reasonable approach in the matter which requires to be appreciated. They have not only done their best to protect the interest of the parties to whom they represent, but, as officers of this Court, they have also ensured that no injustice is caused to the Petitioner. Accordingly, we record our appreciation for their role in this matter. But for them, we are not too sure, whether their clients, would have adopted or agreed to adopt such a reasonable course in this matter. 6. Accordingly, from out of the amount of Rs. 70,00,000/- deposited in this Court, the Petitioner is granted libert ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
