2016 (8) TMI 1313

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....S. S. Shroff, AOR For the Respondent(s) Mr. A.K. Panda, Sr. Adv.Mr. Shadman Ali, Adv.Ms. Nisha Bagchi, Adv.Mr. B. Krishna Prasad, AOR O R D E R  Leave granted. Heard Mr. S.K. Bagaria, learned senior counsel for the appellant and Mr. A.K. Panda, learned senior counsel for the respondent. It is submitted by Mr. Bagaria, learned senior counsel that the Division Bench of the High Court heard....

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..... Having heard learned counsel for the parties, we are of the considered opinion that it is a fit case where the judgment and order passed by the High Court and the order passed by the Settlement Commission should be set aside, subject to deposit of Rs. 75 crores before the department by the appellant within a period of twelve weeks and, accordingly, we so direct.   After the amount is ....