TMI Blog2021 (3) TMI 242X X X X Extracts X X X X X X X X Extracts X X X X ..... al title deeds pertaining to these properties? HELD THAT:- The petitioner-company is directed to file an affidavit, in the very least, in respect of the following aspects, in the course of the day:- (i) Whether or not the subject properties are unencumbered and/or free of charge. (ii) Whether the petitioner-company is willing to deposit the original title deeds with the respondents. ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (Delhi South), New Delhi wherein it is conveyed that the properties which the petitioner company offers to furnish as security bears a cumulative purchase value of ₹ 9,80,51,000/- . 2. It appears, this affidavit is based on details furnished on behalf of the petitioner company qua five (5) immovable properties. 3. According to Mr. Gulati, learned Senior Advocate, who appears for the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... note that, according to the respondent, the GST liability of the petitioner company is ₹ 20.22 crores, which includes the principal amount of ₹ 17.26 crores along with interest amounting to ₹ 2.96 crores. 6. Mr. Aggarwala, has indicated that petitioner-company may also be liable for penalty although no show cause notice has been issued in that regard. 7. Therefore, in the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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