1992 (11) TMI 95
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....ounsel for the Bombay Port Trust and Sri P.H. Parekh, learned counsel for the auction-purchaser (Respondent No. 5). 2. The grievance of the petitioner is that pending customs clearance, the goods which were held by the Port Trust, were put up by the Port Trust Authorities for sale on 22-11-1991 for the recovery of the port-charges. The sale elicited an offer of Rs. 32,22,000/- for the goods which....
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....0/- were knocked down in favour of Respondent No. 5 for Rs. 20,37,000/-. We do not want to go into the problems of lack of co-ordination between the Customs Authorities on the one hand and the Port Authorities on the other whether the latter could ignore the intimation of the former for deferring the sale. It would appear that the sale dated 26-5-1992 under the "WITS" was for the recovery of the p....
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....oper that Rs. 2,03,700/- deposited by the auction-purchaser be refunded to him by the port Authorities. Respondent No. 5 will also be entitled to a solatium which we quantify at a lump sum of Rs. 30,000/- which the petitioner shall pay by means of a crossed bank draft drawn on a nationalised bank in favour of respondent No. 5 and delivered to Sri. Parekh, his learned counsel, within two weeks from....


TaxTMI
TaxTMI