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    <title>2025 (9) TMI 1524 - BOMBAY HIGH COURT</title>
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    <description>HC refused an unconditional stay and upheld the impugned provision&#039;s effect, noting that the State should not be deprived of dues due to disputes between the petitioner and the fifth respondent. Petition dismissed subject to the petitioner depositing Rs. 20 lakhs within six weeks; recoveries stayed only on that deposit. The court held the payment of Rs. 21 lakhs by the fifth respondent did not discharge full liability and observed that other HCs have upheld the provision&#039;s constitutional validity; petitioner may pursue recovery from the fifth respondent separately.</description>
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    <pubDate>Sat, 20 Sep 2025 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=779035</link>
      <description>HC refused an unconditional stay and upheld the impugned provision&#039;s effect, noting that the State should not be deprived of dues due to disputes between the petitioner and the fifth respondent. Petition dismissed subject to the petitioner depositing Rs. 20 lakhs within six weeks; recoveries stayed only on that deposit. The court held the payment of Rs. 21 lakhs by the fifth respondent did not discharge full liability and observed that other HCs have upheld the provision&#039;s constitutional validity; petitioner may pursue recovery from the fifth respondent separately.</description>
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