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2007 (4) TMI 634

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....-Heard learned counsel for the parties. The grievance of the petitioner is that although he has been held entitled to refund of amounts totalling to Rs. 21,45,648, but the amounts are not being paid. Counter has been filed. On March 26, 2007 this court passed an order, which is reproduced below: "The respondent shall furnish the list of the officers who handled this matter from March 25, 199....

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....s. However, the petitioner cannot be deprived of the interest, he is entitled to in accordance with law. The statutory rate of interest is 12 per cent. Therefore, the list of the officers who handled the matter needed to be perused, so that this court could examine the possibility of fastening the liability of interest on the officers, who are responsible for not refunding the amount. This list b....

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.... from March 25, 1998. Refund order was made in this case finally on July 18, 2003. Almost four years have passed even from the date when the regular refund order was passed on July 18, 2003. Even then the amounts were not refunded. Now the question is should the Government be asked to pay the interest at a very high rate, i.e., at 12 per cent to the petitioner or the officers concerned who did not....