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1996 (7) TMI 155 - HIGH COURT OF GUJARAT AT AHMEDABADExtract: .......t or directly to the Government. If the Bank exercises the latter option, it should issue a cheque in the name of Assistant Commissioner of Central Excise and Customs, Division III and receipt issued by him shall operate as due discharge of the bank s obligation under its guarantee. The application is disposed of accordingly. Rule is made absolute.
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