2017 (12) TMI 1695

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..... : Mr Harpreet Singh, Senior Standing Counsel, Counsel for R-1. Mr Tarkeshwar Nath and Mr Onkar Nath, Advocates And Mr Anil Soni, CGSC with Mr Nivesh Sharma, Advocates ORDER 1. The petitioner has filed the present petition, inter alia, praying that respondent no.1 be restrained from encashing the Bank Guarantee furnished by the petitioner for securing the payment of custom duty on the import of .....

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..... the Customs Authorities, for replacement of the bank guarantee." 3. It is seen from the above that NTPC Ltd. (arrayed as respondent no.1 in the aforesaid writ petition) was directed to approach the Custom Authorities for the replacement of the bank guarantees in the sum of Rs.8,15,00,000/- furnished by the petitioner. It also appears that NTPC had sent a letter to respondent no.1. However, for .....

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..... any, be filed on or before the net date of hearing. 9. In the meantime, respondent no.1 is restrained from invoking the bank guarantees furnished by the petitioner for the advance authorization in question. In the event the bank guarantees have already been invoked, respondent no. 1 shall ensure that no steps are taken to recover the amount from the concerned banks 10. List on 15.01.2018. 1 .....

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