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1987 (6) TMI 238 - HC - CustomsExtract: .......bsolute in terms of prayers (a) and (b) of the petition. As regards the refund of the penalty, the respondents shall pay the amount back to the petitioners within a period of two months from today. As regards the bank guarantee given by the petitioners, the same stands discharged. Respondents will also pay costs of this petition to the petitioners.
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