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2015 (4) TMI 126 - HC - VAT and Sales TaxStay application - Recovery of tax dues - Issuance of garnishee order - order issued by the Deputy Commissioner of Commercial Taxes - Held that:- Since there is an effective statutory remedy available to the petitioner, we do not propose to go into the merits of the contentions raised by the petitioner in the writ petitions. Mr. Sumit Kumar, Senior Manager (Finance), BHEL, Bokaro Thermal Power Station is present in the Court and the learned Senior counsel on instruction submitted that the petitioner has sufficient funds with the DVC and the statement is recorded. Having regard to the submissions of the petitioner that the petitioner's source of finance is only DVC and consequent to the garnishee order issued to the DVC, the petitioner - which is a public sector undertaking is not in a position to make day to day payment of salary, statutory liability and other legal obligations and keeping in view the interest of the petitioner - a public sector undertaking and also the employees, we are inclined to grant interim stay of the garnishee order on conditions stated hereunder. - interim Stay granted subject to conditions.
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