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2018 (3) TMI 117 - HC - Indian LawsRecovery of dues - contractual dispute between parties - notice dated 22.04.2015 under Section 87 of the Finance Act, 1994 which requires the petitioner- RSMML to pay an amount of ₹ 2,74,81,739/- in discharge of the petitioner’s liability under Section 87 of the Finance Act, 1994 - due to this liability, what will be impact of the notice dated 22.04.2015 given by the Central Excise Division concerned to the present petitioner-RSMML? Held that: - Since the liability under Section 87 of the Finance Act, 1994 in terms of the notice dated 22.04.2015 is absolute against the petitioner on behalf of the private respondents, in light of the cheque deposited by the petitioner on 30.04.2012, therefore, this Court disposes of the present writ petition directing that petitioner shall pay a sum of ₹ 2,74,81,739/- in lieu of the aforementioned notice dated 22.04.2015 with the Central Excise Division concerned within a period of two weeks from today - petition disposed off.
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