Allowed

Manoj S/O. Shrigovind Agrawal and Another v. State of Maharashtra through P.S.O., City Chandrapur

Bombay HC7 Jun 2017APPP/1864/2016

Case brief

AI extract

What is this about?

The Bombay Nagpur Bench allowed an application by applicants permitted to withdraw a deposited principal amount of Rs.66,66,666/-, granting them the accrued interest on that sum as a logical consequence.

What did the court decide?

Permission to withdraw the amount of interest accrued on the deposited principal amount of Rs.66,66,666/-.

Manoj S/O. Shrigovind Agrawal and Another Vs State of Maharashtra through P.S.O., City Chandrapur — Bombay HC (2017) — LawSathi Research

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1 appp1864.16

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH : NAGPUR

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CRI. APPLICATION (APPP) NO.1864 OF 2016 IN

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CRI. APPLICATION (BA) NO.487 OF 2013 (D)

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(MANOJ SHRIGOVIND AGRAWAL & ANR...VS.. STATE OF MAH. THR. P.S.O. CHANDRAPUR CITY)

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- - - - Office Notes, Office Memoranda of Coram, Court's or Judge's orders appearances, Court's orders of directions and Registrar's orders

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- - - - Shri A. Subhan, Adv. H/f. Shri F.T.Mirza, Advocate for applicant. Shri N.R.Patil, A.P.P. for non-applicant.

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CORAM : Z.A.HAQ, J. DATED : JUNE 07, 2017.

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The applicant had deposited amount pursuant to the order passed by this Court on 19^th July, 2013. By this order the deposit of amount was towards provisional payment of Value Added Tax alleged to have been evaded by the accused. The deposit of amount was subject to final adjudication by the competent Authority of the liability to pay Value Added Tax. After adjudication by the competent Authority, Criminal Application No.1508 of 2014 was filed seeking permission to deposit the amount of Rs.66,66,666/-.

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By the order passed on 14^th December, 2015 this Court overruled the objection raised by the non-applicant and directed that the amount of Rs.66,66,666/- be given to the applicants-Manoj Shrigovind Agrawal and Sanjay Gaurishankar Agrawal.

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Now, Manoj Shrigovind Agrawal and Sanjay Gaurishankar Agrawal have filed this application seeking permission to withdraw the amount of interest which accrued

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2 appp1864.16

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on the amount deposited by them. It is undisputed that the amount of Rs.66,66,666/- was deposited by the present applicants-Manoj Shrigovind Agrawal and Sanjay Gaurishankar Agrawal and this Court has permitted them to withdraw the principal amount. As a logical consequence, the present applicants are entitled for the interest which accrued on the amount which was deposited by them.

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The interest accrued, if the amount of Rs.66,66,666/- was deposited in the bank, be given in equal proportion to the applicants-Manoj Shrigovind Agrawal and Sanjay Gaurishankar Agrawal.

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The application is allowed accordingly.

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JUDGE

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RRaut ..

Manoj S/O. Shrigovind Agrawal and Another v. State of Maharashtra through P.S.O., City Chandrapur

Case brief

What is this about?

What did the court decide?

Manoj S/O. Shrigovind Agrawal and Another v. State of Maharashtra through P.S.O., City Chandrapur

Case brief

What is this about?

What did the court decide?

What the court decided

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