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of <h1>Interim Release of Seized Goods and Vehicles Upheld: Pay 1/4th of Demanded Amount with Personal Bond for Balance</h1> <h3>The Deputy Assistant Commissioner & Anr Versus M/s Matrix Traders</h3> The SC upheld the HC's interim order directing release of seized goods and vehicles upon payment of 1/4th of the demanded amount and furnishing a personal ... Seeking release of goods alongwith vehicle - HELD THAT:- There are no reason to consider interference in the discretion as exercised in this matter by the High Court while passing the interim order, directing release of the goods and vehicles on payment of 1/4th of the demanded amount and by furnishing personal bond for the remaining amount. It is left open for the petitioners to make other submissions before the High Court, including for alteration/modification of the interim order, as may be advised. Petition dismissed. The Supreme Court upheld the High Court's interim order directing release of goods and vehicles upon payment of 1/4th of the demanded amount and furnishing a personal bond for the remaining amount. The petitioners can make further submissions for alteration of the order. The petitions were dismissed, and pending applications were disposed of.
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