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2018 (12) TMI 1578

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..... rivedi For the Respondent : Advance Copy Served to Government Pleader/PP, DS AFF.Not Filed (N), Notice Not Recd Back ORAL ORDER (PER : HONOURABLE MR.JUSTICE AKIL KURESHI) 1. Draft amendment is allowed. 2. The petitioner has challenged an order of attachment dated 09.10.2018 passed by the respondent authorities attaching the petitioner's plant, machinery and present stock situated at the said .....

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..... r the petitioner submitted that it was on account of acute financial crisis resulting out of the meltdown conditions in the market that the petitioner could not deposit the tax. The order passed by the authority would ensure that the petitioner would not be able to operate the factory thereby, bringing the petitioner's manufacturing activities to a grinding halt. The petitioner has not been able t .....

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..... become relevant. Firstly, according to the petitioner, the outstanding dues are in the vicinity of Rs. 64.00 Lacs. This does not account for possible interest or penalty or late payment charges. The petitioner must clear the dues as soon as possible. The petitioner, having collected such taxes, would not get any sympathy from us, if the unpaid taxes are not deposited in the Government revenue. Le .....

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..... nd a further sum of Rs. 5.00 Lacs latest by 12.11.2018. (II) The remaining amount, as per the petitioner's declaration, would be cleared in Three Equal Monthly installments. The first one of them starting from the month of December 2018. Each installment shall have to be deposited by the Fifth of the month. (III) The Director of the petitioner Company would file an Undertaking before this Co .....

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