2006 (4) TMI 168

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...., New Custom House, Mumbai that the petitioners have now revalidated the bank guarantee No. BG/0/148 dated 25th April, 2006 valid upto 15th April, 2007 for the sum of Rs. 1,80,543/- issued by Saraswat Co-operative Bank Ltd., Fort Branch. The xerox copy of the bank guarantee dated 26th April, 2006 sent by the advocate for the petitioners is taken on record and marked "X" for identification purposes....

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....red on furnishing the bank guarantee. The bank guarantee, as observed above, has now been revalidated upto 15th April, 2007. 4. Taking overall facts and circumstances into consideration, we are of the view that it would be in the fitness of things if the Assessing Officer completes the adjudication under Section 17 of the Customs Act, 1962 expeditiously and the petitioner cooperates with the Asse....