2019 (7) TMI 239

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....T SHAH IA ORDER (PER : HONOURABLE MS.JUSTICE HARSHA DEVANI) 1. Leave to amend the relief clause. 2. Rule. Mr. Ankit Shah, learned Senior Standing Counsel, waives service of notice of rule on behalf of the respondents. 3. By this application, the applicant seeks extension of the time period for furnishing bank guarantee as directed vide order dated 08.02.2019 for a further period of four m....

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....t of the applicant has been attached by the respondent authorities as the applicant could not furnish the bank guarantee within the period specified by this court. It was submitted that having regard to the financial condition of the applicant, it was not possible for it to furnish the bank guarantee within the time stipulated under the order dated 08.02.2019 and that having regard to the fact tha....

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.... has not disputed the fact that the applicant has paid first three installments within the time limit stipulated by the court. 8. Having regard to the facts recorded hereinabove, when the amount due and payable is Rs. 55,00,000/and three equal monthly installments have already been paid and the fourth installment could not be paid on account of the bank account of the applicant being attached, t....