TMI Blog2009 (12) TMI 466X X X X Extracts X X X X X X X X Extracts X X X X ..... der]. - The Court : In the writ petition the petitioner, stated to be the owner of a tug, "Century Star-I", has prayed for a direction upon the customs authorities to release the said tug by furnishing a bond in terms of the provisions of the Customs Act, 1962 in favour of the respondent no. 1 and/or on such other terms and conditions as may be imposed. 2. Submission is that the tug was seized on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Heard the learned advocates for the parties. Since it has been submitted that the appeal pending before the Tribunal could not be heard and tug is on the high sea, considering the facts and circumstances of the case, the writ petition is disposed by directing that if the petitioner deposits Rs. 75,00,000/- (Rupees Seventy Five Lakhs) being the redemption fine with the Commissioner of Customs (Prev ..... X X X X Extracts X X X X X X X X Extracts X X X X
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