https://www.taxtmi.com/caselaws?id=280993 The court issued a notice to the respondents, restraining respondent no.1 from encashing the Bank Guarantee for custom duty payment. The petitioner's bank guarantees were to be released, and NTPC was directed to provide its bank guarantee(s) in exchange. Respondents were granted one week to file a reply, with an opportunity for rejoinder. Respondent no.1 was prohibited from invoking the bank guarantees for advance authorization, and if already invoked, no recovery steps were to be taken. The next hearing was scheduled for a specific date. en-us Mon, 18 Dec 2017 00:00:00 +0530 Thu, 30 May 2019 09:38:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280993 The court issued a notice to the respondents, restraining respondent no.1 from encashing the Bank Guarantee for custom duty payment. The petitioner's bank guarantees were to be released, and NTPC was directed to provide its bank guarantee(s) in exchange. Respondents were granted one week to file a reply, with an opportunity for rejoinder. Respondent no.1 was prohibited from invoking the bank guarantees for advance authorization, and if already invoked, no recovery steps were to be taken. The next hearing was scheduled for a specific date. Case-Laws Customs Mon, 18 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280993