Stay application filed by MCHI-CREDAI before the Hon’ble Supreme Court -Interim Order Relief

: Stay application filed by MCHI-CREDAI before the Hon'ble Supreme Court
Tue Aug 28, 2012 5:13 am (PDT) . Posted by:
"ca.bhupendrashah" ca.bhupendrashah


Ref. No. MCHI/PRES/12- 13/041
August 28, 2012
For Your Urgent Attention
To,
All Members of MCHI-CREDAI & MCHI-CREDAI Units
Dear Members,
Sub: Stay application filed by MCHI-CREDAI before the Hon'ble Supreme Court
on 28th August 2012.
Ref: Supreme Court of India, New Delhi
Civil Appellate Jurisdiction
I.A. No. of 2012
In
S.L.P. (Civil)) No. 21052 of 2012
(Arising out of Judgment and Order dated 10th April, 2012
passed by the Hon'ble Division Bench of the Bombay High
Court in Writ Petition No. 2022 of 2007)
Maharashtra Chamber of
Housing Industry & Others ….Petitioners
V/s
State of Maharashtra & Others ….Respondents
------------ --------- --------- --------- --------- --------- -
We are pleased to inform all our members that we have filed an application before the Supreme
Court on behalf of MCHI-CREDAI members seeking stay of the judgment passed by the High Court as
also stay of notification /circular issued on 6.8.2012 requiring builders/ developers to register by
16.8.2012 and file their return on 30.8.2012.
The application came up for hearing before the Bench of Hon'ble Mr. Justice R.M. Lodha,
Mr. Justice A. R. Dave and Mr. Justice Ranjan Gogoi today. Dr. A.M. Singhvi, Sr. Advocate with
Mr. Parimal Shroff appeared on behalf of MCHI-CREDAI. The Court has been pleased to pass an
interim order extending the date of registration to 15.10.2012 and date of filing of return
/payment to 31.10.2012. In case payment of tax/ VAT is made by 31.10.2012, the State
Government is restrained from taking coercive steps for recovery of tax/ interest/ penalty. In
case the petitioners succeed the amount deposited will be refunded along with such interest as the
court may determine.
Please take note of the above. The certified copy of the order will be available within 2-3 days. The
same shall be forwarded to you in due course.
Best Regards,
For MCHI-CREDAI
Sd/-
Paras Gundecha
President



































With Warm Regards;
CA UNMESH NARVEKAR
M. Com., F.C.A., I.C.W.A., C.S., D.I.S.A.
Immediate Past Chairman - Vasai Branch of WIRC of ICAI.
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