TMI Blog2014 (9) TMI 234X X X X Extracts X X X X X X X X Extracts X X X X ..... repaid to the petitioner on 23-7-2011. Thus, the aforesaid amount of ₹ 85 Lakhs was retained by the State for more than 8 years without any justifiable reason. - Looking to the peculiar facts of the case, especially when the respondent-State had retained such a substantial amount belonging to the petitioner with it for more than 8 years, in our opinion, it would be just and appropriate to co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent of any statutory interest and therefore, no amount is payable to the petitioner and, hence, no contempt has been committed by the respondent-State. 3. It is an admitted fact that a sum of ₹ 85 Lakhs had been paid to the respondent-State when Bank Guarantee was invoked. It is also an admitted fact that the said amount was repaid to the petitioner on 23-7-2011. Thus, the aforesaid amoun ..... X X X X Extracts X X X X X X X X Extracts X X X X
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