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1987 (8) TMI 101 - HC - CustomsExtract: .......esidue, the principle discussed above will govern and these writ petitions are allowed as prayed for. No costs. I am told that some of the petitioners have furnished Bank guarantees to cover the proposed levy. In view of the fact that the writ petitions have been allowed as above, the Bank guarantees, if they are still alive, shall stand cancelled.
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