https://www.taxtmi.com/caselaws?id=43663 The High Court of Judicature at Madras upheld the 1st respondent's order under Section 129E of the Customs Act, 1962, directing the petitioners to pre-deposit amounts towards penalty. The court found the order reasoned and speaking, refusing to interfere with the discretionary interlocutory order. It noted the petitioners' failure to provide financial statements and upheld the penalties imposed post-adjudication. The court rejected arguments of under-valuation and fabrication of documents, affirming the 1st respondent's proper exercise of jurisdiction. Pre-deposit time was extended by two months, and the Writ Miscellaneous Petitions were dismissed. en-us Tue, 14 Sep 1993 00:00:00 +0530 Sat, 19 Jun 2010 12:59:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43663 The High Court of Judicature at Madras upheld the 1st respondent's order under Section 129E of the Customs Act, 1962, directing the petitioners to pre-deposit amounts towards penalty. The court found the order reasoned and speaking, refusing to interfere with the discretionary interlocutory order. It noted the petitioners' failure to provide financial statements and upheld the penalties imposed post-adjudication. The court rejected arguments of under-valuation and fabrication of documents, affirming the 1st respondent's proper exercise of jurisdiction. Pre-deposit time was extended by two months, and the Writ Miscellaneous Petitions were dismissed. Case-Laws Customs Tue, 14 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43663