Arvind Limited vs. State Of Gujarat
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Order Issued After Hearing
Purpose:
First Hearing
Listed On:
23 Feb 2016
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Order Text
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
SPECIAL CIVIL APPLICATION NO. 2937 of 2016
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ARVIND LIMITED....Petitioner(s) Versus STATE OF GUJARAT & 2....Respondent(s)
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Appearance:
MR. S.N.SOPARKAR, SR. ADVOCATE WITH MR. SANDEEP SINGHI, ADVOCATE, WITH MR. SHAMIK BHATT, ADVOCATE, FOR SINGHI & Co for the Petitioner(s) No. 1 ADVANCE COPY SERVED TO GP/PP for the Respondent(s) No. 1
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CORAM: HONOURABLE MR.JUSTICE N.V.ANJARIA
Date : 23/02/2016
ORAL ORDER
This petition is directed against order dated 28.12.2015 bearing Reference No.Ijar/Legal/File No.209/2011/723-727, being the impugned order. Thereunder respondent No.2-Chief Controlling Revenue Authority has exercised powers under Section 53A of the Gujarat Stamp Act asking the petitioner to pay the deficit stamp duty of Rs. 34,99,800/- after adjusting Rs.200/- paid initially. The said stamp duty is sought to be charged under Article 36(c) on the instrument which is a Deed of Additional Security in relation to original transaction furnished by the petitioner to the Bank upon realignment of the repayment schedule of the financial assistance taken from the Bank.
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For the reasons recorded in the main Special Civil Application No.2480 of 2016, Notice, returnable on 15th March, 2016.
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By way of ad-interim relief, respondent authority shall not take any coercive step pursuant to the impugned order.