2014 (12) TMI 528

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..... he vessel SEAMAC-III in Dubai was found post its repairs and otherwise the vessel would have been idle till the end of November when it would be gainfully employed in India extension of time was sought. The application for extension of time was also made to the Tribunal before 30 September, 2013. Taking all the above facts into account we are interfering with the order of the Tribunal and extendin .....

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..... . : Rule, returnable forthwith. At the request of the Counsel the petition is taken up for final disposal. 2. Learned Counsel for the petitioner states that on its application it was permitted by CESTAT to take vessel SEAMEC-III out of India for repairs. This permission was granted on the petitioner furnishing a bank guarantee of ₹ 60 lacs and on an undertaking that the vessel would be br .....

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..... ion of time was sought. The application for extension of time was also made to the Tribunal before 30 September, 2013. Taking all the above facts into account we are interfering with the order of the Tribunal and extending the time limit to bring the vessel SEAMEC-III to India. Learned Counsel under the instructions of Mr. S.L. Mohanty, Chief Legal Officer of the petitioner undertakes that the pet .....

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