2026 (8) TMI 867

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....sued by the 2nd Respondent as well as the OIO dated 3rd September 2025, which is also passed by the 2nd Respondent. 2. Both these orders are against several parties including the Petitioners. Some of those parties had approached this Court by way of Writ Petitions, and this Court had not entertained the Writ Petitions against the OIOs and directed those parties to avail of the alternate remedy by filing an Appeal. Those orders have been tendered to us today. The first order of this Court challenging the OIO dated 3rd September 2025, is passed in Writ Petition No. 14616 of 2025 along with Writ Petition No. 15576 of 2025 dated 24th November 2025. The second order of this Court is dated 5th March 2026, passed in Writ Petition No. 2632 of 20....

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....ioners aggregating to Rs. 6 Crores. Over and above that, the said order also directs appropriation of the amounts lying in the bank accounts of Petitioner No. 1 as well as Petitioner No. 2 as more particularly set out on pages 408 and 409 of the paper-book. He submitted that out of the accounts provisionally attached, the Customs Authorities can appropriate the amount of pre-deposit under Section 129E, and the balance amount adjudicated [in the OIO dated 31st December 2025] against the Petitioners would be secured by giving an unconditional bank guarantee of any nationalised bank, which bank guarantee shall be kept alive till the disposal of the Appeal to be filed by the Petitioners. 6. Having heard the Counsel for the Petitioners on thi....