-= : 1 : =- IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION WRIT PETITON NO.2333 OF 1990 WRIT PETITON NO.2333 OF 1990 WRIT PETITON NO.2333 OF 1990 M/s.Forward Studio ..Petitioner. V/s. Union of India & Ors. ..Respondents. Mr.Darshan Mehta i/b. M/s.Dhruva Lilaldhar & Co. for petitioner. Mr.K.R. Chaudhari for respondents. CORAM : CORAM : CORAM : S.RADHAKRISHNAN AND S.RADHAKRISHNAN AND S.RADHAKRISHNAN AND J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. J.P.DEVADHAR, JJ. DATED : 13TH JANUARY, 2005. DATED : 13TH JANUARY, 2005. DATED : 13TH JANUARY, 2005. P.C. :- P.C. :- P.C. :- 1. Heard learned counsel for the petitioner and the respondents. Learned counsel for the petitioner states that the issues involved in the present petition is squarely covered against the petitioner in the Judgment dated 2nd April, 1992 of this Court in M/s.Subhash M/s.Subhash M/s.Subhash Photographics V/s. Union of India and other connected Photographics V/s. Union of India and other connected Photographics V/s. Union of India and other connected matters. matters. matters. It appears that the aforesaid Judgment has been confirmed by the Supreme Court in M/s. Subhash M/s. Subhash M/s. Subhash Photographics V/s. Union of India & Ors. Photographics V/s. Union of India & Ors. Photographics V/s. Union of India & Ors. reported in 1993(66) E.L.T.3 (S.C.) 1993(66) E.L.T.3 (S.C.) 1993(66) E.L.T.3 (S.C.). Under these circumstances, rule -= : 2 : =- stands discharged. 2. Respondents are entitled to encash the bank guarantee and bond. Petitioners are liable to pay interest due at the rate of 8% per annum from the date of clearance of the goods till payment. (S.RADHAKRISHNAN, J.) (S.RADHAKRISHNAN, J.) (S.RADHAKRISHNAN, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.) (J.P. DEVADHAR, J.)