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2015 (1) TMI 574 - DELHI HIGH COURTApplication for settlement under Section 32E - Held that:- Settlement Commission was open to the idea of accepting the application for settlement provided the petitioner deposits the admitted amount of duty and interest and for which purpose it was suggested that the petitioner could approach the jurisdictional commissioner for release of the said amount against any surety and bank guarantee. - petitioner may file an application under the said provisions for provisional release of the seized amount and the concerned authority shall pass an appropriate order thereon in accordance with law. If such an application is made by the petitioner within a week from today the same shall be disposed of by the concerned authority within two weeks thereafter. - Petition disposed of.
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