TMI Blog2020 (12) TMI 922X X X X Extracts X X X X X X X X Extracts X X X X ..... ally, on furnishing the requisite Bond as directed by CESTAT. Contempt petition disposed off. - CONT. CAS(C) 1052/2019 & CM No. 18150/2020 - - - Dated:- 21-12-2020 - HON'BLE MS. JUSTICE JYOTI SINGH Petitioner Through: Mr. Divyakant Lahoti, Mr. Manish Kaushi, Ms. Jyoti Taneja and Ms. Madhur Jhavar, Advocates. Respondents Through: Mr. Harpreet Singh, Sr. Standing Counsel for DRI. Mr. Venus Mehrotra, Advocate for R-2 3. JYOTI SINGH, J. (ORAL) Hearing has been conducted through Video Conferencing. 1. Present contempt petition has been filed alleging non-compliance of the order passed by CESTAT dated 13.11.2019. Operative part of the order is as under:- 30. We also find that under the facts and circumsta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the learned Tribunal, to release, provisionally, and forthwith, the gold, gold jewellery and silver, seized from the warehouse premises of the respondent, as well as 25400.06 grams of gold jewellery, covered by Bill of Entry No. 107190 dated 17th April,2019, on furnishing of a bond, by the respondent, covering the entire value of the said goods, along with a Bank Guarantee for ₹ 10 crores, containing an autorenewal clause. However, the direction for release of 25299.68 grams of gold jewellery, the Bill of Entry in respect of which was unsigned by the respondent as well as by the Customs Import Clerk, unregistered and unaccompanied by any Job ID No., is quashed and set aside. (iii) Needless to say, there,shall be no misuse or ille ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Mr. Divyakant Lahoti learned counsel for the Petitioner submits that the Petitioner has already furnished a Bank Guarantee in the sum of ₹ 3.16 Crores with the Respondents and the same may be returned in original, under a covering letter discharging the Bank Guarantees. Petitioner will thereafter furnish a Bank Guarantee in the sum of ₹ 15 Crores as directed by the Supreme Court. 6. Mr. Harpreet Singh appearing for Directorate of Revenue Intelligence, on instructions from Mr. Piyush Sharma, Deputy Director, who is present in Court, submits that the Bank Guarantee in the sum of ₹ 15 Crores is to be furnished in the office of Principal Commissioner of Customs (Preventive), New Delhi. He further submits that the original ..... X X X X Extracts X X X X X X X X Extracts X X X X
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