M/S. APJ LABORATORIES PVT.LTD. Vs. UNION OF INDIA AND ORS
Supreme Court of India (Division Bench (DB)- Two Judge)
Writ Petition (Civil), 595 of 2016, Judgment Date: Sep 14, 2016
NON-REPORTABLE
IN THE SUPREME COURT OF INDIA
CIVIL ORIGINAL JURISDICTION
WRIT PETITION (C) NO. 595 OF 2016
M/S. APJ LABORATORIES PVT.LTD. PETITIONER
VERSUS
UNION OF INDIA AND ORS. RESPONDENTS
J U D G M E N T
KURIAN,J.
1. When this Writ Petition came up for admission on 29.07.2016, this
court passed the following order:
“Issue notice.
In the meantime, there shall be stay of further proceedings for
auction of the property taken from the petitioner on a condition that the
petitioner shall deposit 75% of the dues as on 31.03.2016 in two
instalments. The first instalment of 50% of the dues shall be remitted
within six weeks from today and the balance 25% shall be remitted within
another six weeks.
Post after six weeks, so as to see whether the first instalment is
remitted or not.
It is made clear that in case the first instalment is not remitted
within six weeks from today, as ordered, the writ petition shall stand
dismissed without further reference to the Court.”
2. Today we are informed that the petitioner could not however, comply
with the conditions in the above order. Therefore, in terms of the said
order writ petition is dismissed.
- 2 -
3. However, we make it clear that dismissal of the writ petition shall
not stand in the way of the petitioner, availing one time settlement, if
available, with the bank.
...................J.
[KURIAN JOSEPH]
....................J.
[ROHINTON FALI NARIMAN]
NEW DELHI;
SEPTEMBER 14, 2016