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2002 (12) TMI 222 - HC - Central ExciseCash refund / adjustment of modvat credit – adjustment in pursuance of court orders – Held tht: - It is true that this court has directed the respondent authorities to make the payment in cash or by way of adjustment. Looking to the said fact, it cannot be said that petitioner No. 1 had a right to demand cash. However, the adjustment, which is to be made by the respondent authorities, must be made as soon as possible - . It is clarified that it would not be necessary for the petitioners to make any application for getting the amount of refund as provided under Rule 57F of the Central Excise Rules as the petitioners have already indicated their desire in this petition that petitioner No. 1 would like to have the amount payable to it in cash.
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