https://www.taxtmi.com/caselaws?id=352367 The appellate court dismissed the appeals, concluding that the Respondent's defenses were neither bona fide nor substantial. It upheld the learned Single Judge's directive for the Respondent to deposit the amounts claimed in the statutory notices, as the Respondent failed to produce any evidence supporting their defense regarding Guar Seeds contracts. The court found that the DG CCI report lacked evidentiary value and that the Respondent's commercial solvency did not suffice to avoid the statutory demand. The appellate court affirmed the learned Single Judge's exercise of discretion as reasonable and justified. en-us Fri, 08 Dec 2017 00:00:00 +0530 Wed, 13 Dec 2017 08:28:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352367 The appellate court dismissed the appeals, concluding that the Respondent's defenses were neither bona fide nor substantial. It upheld the learned Single Judge's directive for the Respondent to deposit the amounts claimed in the statutory notices, as the Respondent failed to produce any evidence supporting their defense regarding Guar Seeds contracts. The court found that the DG CCI report lacked evidentiary value and that the Respondent's commercial solvency did not suffice to avoid the statutory demand. The appellate court affirmed the learned Single Judge's exercise of discretion as reasonable and justified. Case-Laws Law of Competition Fri, 08 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352367