Sarvpriya Securities Pvt. Ltd. vs. Union Of India & Ors.
(Delhi High Court, Delhi)

Case Law
Petitioner / Applicant
Sarvpriya Securities Pvt. Ltd.
Union Of India & Ors.
Delhi High Court
Mar 3, 2020
Order No.
W.P.(C) 2445/2020
TR Citation
2020 (3) TR 1501
Related HSN Chapter/s
Related HSN Code



C.M. No. 8549/2020

Exemption allowed, subject to all just exceptions.

The application stands disposed of.

W.P.(C) 2445/2020

Issue notice. Learned counsels for respondents accept notice. Let notice be issued to respondent No.7 returnable on 30.07.2020. In the meantime, the served respondents may file their counter-affidavit(s) within six weeks. Rejoinder be filed before the next date of hearing.

C.M. No. 8548/2020

Issue notice. Learned counsel for the respondents accept notice.

We have heard learned counsels for the parties at some length and also perused the impugned order as well as the report of the Director General – Anti Profiteering. Looking to the facts and circumstances of the case, we are inclined to stay the operation of the impugned order subject to the petitioner depositing in this Court, in the name of Registrar General, 10% of the amount of profiteering assessed by the NAA i.e. ₹ 9,96,18,637/- within four weeks from today. The amount once deposited shall be immediately placed in a Fixed Deposit by the Registrar General.

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