Katmandu Apparel Private Ltd. Thr Its Signatory Mr. MD Adil Ayub Ansari v. Ravindra Binwade (the Inspector General of Registration and Superintended of Stamps, Pune
Case brief
What is this about?
Contempt — non-compliance with refund order — stamp duty refund Rs. 25,64,120 with 6% interest from 06-04-2023 — proposed SLP before Supreme Court no excuse absent stay — deposit of principal and interest directed — undertaking to refund amounts if SLP succeeds — Bombay High Court, Aarti Sathe J., 01-12-2025 — Katmandu Apparel Pvt. Ltd. v. Inspector General of Registration & Superintendent of Stamps, Pune.
What did the court decide?
Respondent No.1 directed to deposit principal of Rs. 25,64,120/- within two weeks and the Petitioner-calculated interest (Rs. 4,08,854/- up to November 2025) after four weeks from deposit of principal, into the Petitioner's bank account; liberty to claim additional interest post-November 2025 kept open; Petitioner's undertaking to return the entire amount if the Respondents succeed in the proposed SLP accepted; Respondents to place copy of the intended SLP on record by the next date; compliance listed on 15 December 2025.