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of <h1>Demand Notice Post-Redemption Letter Not Enforceable: Karnataka HC Decision</h1> <h3>TAURUS PVT. LTD. Versus JOINT DIRECTOR GENERAL OF FOREIGN TRADE</h3> The Karnataka HC held that a demand notice post redemption letter is not enforceable. Petitioner can respond, case to be reviewed, with two weeks for ... Issuance of demand notice – Petitioner submitted that respondents are not justified in issuing demand notice at Annexure-M after issuing redemption letter – On hearing advocates, impugned communication is not to be treated as executable order – On petitioner submitting reply thereto, case would be considered afresh – Petitioner granted time to file its objections/reply/representation in response to notice at Annexure-M. The Karnataka High Court ruled that the demand notice issued after a redemption letter is not executable. The petitioner can submit a reply, and the case will be reconsidered. Two weeks granted for filing objections. No costs ordered.
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