IN THE HIGH COURT OF JUDKICATRE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION LODGING NO.969 OF 2009 Ispat Industries Ltd... .Petitioners Vs. 1.Union of India & Ors. ..Respondents Ms.Vikram Nankani with Mr. P.K. Shetty for the Petitioners Mr. A.S. Rao and R.B. Pardeshi for the respondents. CORAM; F.I. REBELLO & J.H. BHATIA, JJ. DATE : 8TH MAY, 2009 P.C. 1. The grievance of the petitioners is that they had shifted production from one site to another. In similar circumstances earlier they were given the benefit of the entire Cenvat standing to their credit. It is submitted that present also is the similar situation, however, they have been denied the certified credit. 2. We have heard learned Counsel as also considered Rule 10 and findings recorded in our opinion considering the facts and circumstances the ends of justice will be met if the impugned order of the Tribunal is set aside and the petitioner is directed to furnish bank guarantee in a sum of Rs.25.00 lakhs within eight weeks from today. On furnishing such bank guarantee the Tribunal to hear and dispose of the matter according to law. Rule made absolute accordingly. No order as to costs. (J.H. BHATIA J.) (F.I. REBELLO, J.)