https://www.taxtmi.com/caselaws?id=280165 An interim order requiring furnishing of a bank guarantee for 50% of accrued tax arrears was modified during the pendency of the special leave petition. The petitioners sought continuation of the existing interim arrangement and relief from the guarantee requirement, and the respondents accepted that the earlier High Court protection had operated for a substantial period. In light of that position, the Supreme Court dispensed with the bank guarantee condition for the pendency of the special leave petition. en-us Thu, 16 Feb 2012 00:00:00 +0530 Tue, 23 Apr 2019 17:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280165 An interim order requiring furnishing of a bank guarantee for 50% of accrued tax arrears was modified during the pendency of the special leave petition. The petitioners sought continuation of the existing interim arrangement and relief from the guarantee requirement, and the respondents accepted that the earlier High Court protection had operated for a substantial period. In light of that position, the Supreme Court dispensed with the bank guarantee condition for the pendency of the special leave petition. Case-Laws Indian Laws Thu, 16 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280165