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2013 (12) TMI 1094 - BOMBAY HIGH COURTConfiscation of goods - Provisional release of seized helicopter on the provision of bond of full value of the seized helicopter and the bank guarantee for 10% of its value - Held that:- petitioner is not the original importer and a buyer of the helicopter in good faith, as is even suggested by the authority (DRI) who issued the show cause notice, the interests of justice would be served if the respondents are directed to release the helicopter provisionally on the condition of bond for the full value of the helicopter and the bank guarantee of 5% value of the helicopter - Decided partly in favour of assessee.
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