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2011 (4) TMI 1143 - HC - CustomsWrit petition - petitioners seek a direction to the second respondent not to encash the bank guarantees until the statutory period of limitation prescribed for preferring appeals expires or if appeals have been preferred, until the stay petitions preferred in the appeals are disposed of - respondents submitted, on instructions, that in view of the directions issued by this Court in Ext.P1 judgment and Ext.P3 order, the second respondent will not encash the bank guarantees until the statutory period of limitation prescribed for filing appeals from Exts.P4 and P5 expires and will encash the bank guarantees only if the petitioners do not prefer appeals within the said period, writ petition disposed of
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