Latest Judgments

MSD Real Estate LLP v. Collector of Stamps and Another

Issue notice.

(Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah, JJ.)

MSD Real Estate LLP ______________________________ Petitioner;

v.

Collector of Stamps and Another __________________ Respondent(s).

Petition(s) for Special Leave to Appeal (C) No(s). 7990/2020, decided on July 7, 2020

(For Admission and I.R. and IA No. 57618/2020-Exemption From Filing C/c of the Impugned Judgment and IA No. 57616/2020-Exemption From Filing O.T. and IA No. 57617/2020-Exemption From Filing Affidavit and IA No. 57615/2020-Permission to File Additional Documents/Facts/Annexures)

Petition(s) for Special Leave to Appeal (C) No(s). 7990/2020; WP No. 8145/2020; IA No. 57618/2020; IA No. 57616/2020; IA No. 57617/2020; and IA No. 57615/2020

The Order of the court was delivered by


Order

1. Issue notice.

2. List along with Diary No. 30539/2017.

3. Learned counsel for the petitioner submits that towards the penalty amount Rs. 6.8 crores have already been encashed/paid and for rest of the penalty amount post-dated cheques have already been given. The petitioner undertakes to ensure that all post-dated cheques are cleared so that entire amount of penalty is paid which shall, however, be subject to the order of this Court in the pending petition i.e. Diary No. 30539/2017.

4. In the meantime, impugned orders1 including the auction proceeding shall remain stayed.

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1 MSD Real Estate LLP v. Collector of Stamps, WP No. 8145 of 2020, order dated 10-6-2020(MP)