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2010 (6) TMI 198 - HC - CustomsBank Guarantee- The petitioner has filed this petition under Article 226 of the Constitution of India seeking mandamus in the nature of direction against respondent No.2 to release original bank guarantee worth Rs.89 crore furnished. Held that- no interim order obtained by revenue so as to prevent seeking withdrawal of bank guarantee. Revenue not justified in holding bank guarantee. Penalty already deposited, no liability against petitioner.
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