1994 (7) TMI 74

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.... the petitioners and learned standing counsel for the Revenue. The petitioners seek quashing of the order dated December 17, 1991, annexure 2 to the writ petition, by virtue of which the authority ordered purchase by the Central Government of the immovable property in question, described in the schedule under section 269UD(1) of the Income-tax Act, 1961, and further for a direction not to inter....

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....r permission for transfer of the land under section 269UE of the Act before the appropriate authority. Thereafter, the petitioners received the impugned order dated December 17, 1991, passed by the appropriate authority intimating the petitioners that their property had been acquired and purchased by the Central Government under section 269UD(1) of the Act and the said property vests in the Centra....

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....n that of the petitioner, C. B. Gautam, the period of two months referred to in section 269UD(1) shall be reckoned with reference to the date of disposal of each of such pending matters either before this court or before the High Courts, as the case may be. Where, however, the stay orders inhibiting the authorities from taking further proceedings are vacated, the period referred to in the said sec....