2022 (4) TMI 1403

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....pathi Roy For the Respondent : Mrs.S.Ragaventhre Junior Standing Counsel COMMON ORDER Heard the learned counsel for the petitioners and the learned Junior Standing Counsel for the respondent. 2. The petitioner's group of Companies had allegedly suffered loss in one of its centre to an extent of Rs. 50,00,00,000/- as a result of which the petitioner was unable to discharge tax liability und....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....f Rs. 20,00,000/- and Rs. 5,00,000/- each. 4. The learned counsel for the petitioners have placed reliance on the decision of the Hon'ble Supreme court in Radha Krishnan Industries Vs State of Himachal Pradesh and others reported in (2021) 6 Supreme Court Cases 771 wherein the Court addressed to the point regards the power conferrred upon the authority under Section 83 of the Central Goods an....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....long to the petitioners but to the trust of which one of the Director of petitioners was a trustees. 6. Considering the fact that the petitioner is agreeing to pay consolidated amount of Rs. 25,00,000/- per month for discharging/liquidating the tax liability in the respective writ petitions, I am inclined the quash the impugned order and remit the case back to the respondent to pass a speaking or....