AGK AGK AGK IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO.6154 OF 2008 AND WRIT PETITION NO.6155 OF 2008 PNP Polytex Private Limited ..Petitioner. V/s. Thge Union of India & Others ..Respondents. Mr.V. Sreedharan with Mr.Prakash Shah i/by PDS Legal for the Petitioner. Mr.Y.S. Bhate for the Respondents. CORAM : D.K. DESHMUKH & J.P. DEVADHAR, JJ. DATED : 28TH AUGUST, 2008. P.C. : 1. Heard learned counsel for both the sides. 2. According to the learned counsel for the revenue the total amount of differential duty payable by the petitioner because of the alleged under invoicing is to the extent of Rs.60 lakhs + 10 lakhs approximately. The learned counsel, after taking instructions from Mr.P.K. Gupta Senior Intelligence Officer, DRI and Mr.R. Kumar, Intelligence Officer further states that the assessment officer will adjudicate the claim of the petitioner within a period of eight weeks from today. The petitioner is also willing to furnish bank guarantee to get the goods released. In this view of the matter, therefore, in our opinion following order would meet the ends of justice. 3. On petitioners submitting bank guarantee in the amount of Rs.60 lakhs + Rs.10 lakhs, the respondent shall release the seized goods which are subject matter of these petitions. The bank guarantee shall be submitted by the petitioner to the satisfaction of respondent No.3. While passing adjudication order, the respondent No.3 shall also make an order about the bank guarantee. 4. Both the writ petitions stand disposed of in above terms. D.K. DESHMUKH, J. J.P. DEVADHAR, J.