Bank Guarantee Encashment before appeal filing period expiry is unjustified

S. J. Enterprises Vs Union of India (Bombay At Goa High Court) HC Held that authorities cannot encash the Bank Guarantee given by the Assessee before the expiry of the statutory period available for filing an appeal. Facts- Petitioner in the present writ petition has context the respondents adopting coercive measures and encashing the Bank Guarantee furnished by the petitioners on the date of service of the order in original upon the petitioner and before the petitioner could avail of the opportunity to appeal before the said order. The petitioners contend that such coercive action contradicts...