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2000 (6) TMI 543 - CEGAT, MUMBAIExtract: .......the remaining amount of redemption fine by way of bank guarantee. On this being done, we waive deposit of the penalty on the applicant and stay its recovery. 6. emsp Having regard to the observations, which is in the above paragraphs, we order that the goods may be cleared on deposit of the amount and execution of bank guarantee as indicated above.
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