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2016 (12) TMI 188 - KARNATAKA HIGH COURTRecovery of tax dues from the debtors - Remittance by the debtors of the petitioner company of the moneys owed to the petitioner company - Section 45(1) of the KVAT Act, 2003 - Held that: - Though such a prayer is opposed by the learned counsel for the Revenue, this Court considers it expedient to grant some breathing time to the petitioner-company to approach the Hon’ble Supreme Court in pending Civil Appeal No.8505/2011 for the purpose of obtaining the interim relief, if any, in the present case Writ petitions are disposed of with a direction to the petitioner-company to deposit a further sum of ₹ 10 Lakhs within a period of four weeks from today with the first respondent-authority, as undertaken by the petitioner subject to the final decision of the matter by the Hon’ble Supreme Court with a liberty to the petitioner to approach the Hon’ble Supreme Court for seeking the aforesaid interim relief as prayed for.
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