2018 (10) TMI 1839

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..... pay the sum of ₹ 2,17,72,602/- without any dispute, there will be an order of interim stay of recovering interest alone in pursuant to the impugned proceedings, subject to the condition that the petitioner pays the sum of ₹ 2,17,72,602/- within a period of two weeks from the date of receipt of a copy of this order. Post the matter on 25.10.2018 for reporting compliance and getting i .....

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..... fact that the petitioner is not liable to pay the interest under Section 42(3) of the Tamil Nadu Value Added Tax Act, 2006, as it is the fault of the respondent in not transferring a sum of ₹ 2,76,76,828/- lying to the credit of TAFE Reach Ltd., to the petitioner's account even after merger of the said company with the petitioner herein. Therefore, he contended that when the petitioner i .....

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