2015 (9) TMI 717

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....toms<br>Mr. Badar Durrez Ahmed and Mr. Siddharth Mridul, JJ. For the Petitioner : Mr Abhinav Jain, Advocate, Mr C. Hari Shankar and Mr Simon Benjamin, Advocates For the Respondent : Mr Amit Deshpande and Mr Robin Chatterjee, Advocates, Mr Roshan Lal Goel, Advocate, Mr Vijay Nair, Advocate &nbsp; ORDER We have heard the learned counsel for the parties in these writ &nbsp;&nbsp;petitions....

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....etition raising certain issues with regard to release of seven cars and the payment of interest. &nbsp;&nbsp;&nbsp;&nbsp; After having heard the counsel for the parties, we are first of all of the view that the Settlement Commission was well within its jurisdiction to examine the matter in detail and to pass the orders that it did so as to bring about a settlement. In doing so, the Settlement C....

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.... the said Act. &nbsp; Secondly, we are of the view that the directions given by the Settlement Commission have to be complied with, otherwise, the entire settlement would fall apart and all matters would have to be re-opened. It is in this backdrop that the learned counsel appearing for the petitioner in W.P.(Crl.) No. 1671/2011 has stated that it shall comply with the directions with regard to....

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....ment Commission. &nbsp;&nbsp;&nbsp; &nbsp;With regard to the payment of Rs. 18,09,083/- which Kesar Enterprises was required to make to the Directorate of Revenue Intelligence and which has specifically been stayed by an order of this court, the learned counsel appearing for the petitioner in W.P.(Crl.) 1671/2011 states that the said amount may be paid by Kesar Enterprises to the Directorate of....