M/S. Cholamandalam Investment v. M/S. Klk Chitra Exports P L

A.Nos.7546, 7547, 7548 and 7553 of 2017 in E.P.Nos.32 to 35 of 2017 R.SUBRAMANIAN.J., The judgment debtor has tendered payment of Rs.10 lakhs by way of two cheques in Cheque Nos.009355 dated 21.06.2019 and 009356 dated 29.06.2019 each for Rs.5 Lakhs drawn in the Axis Bank, George Town Branch. The same is recorded.

2. Mr.R.Thiyagarajan, learned counsel appearing for the judgment debtor would submit that if only the attachment is raised by the Income Tax Department, he would be able to sell the properties and pay the dues to the Income Tax Department as well as to the decree holder.

3. The learned counsel for the Income Tax Department would submit that if the purchaser tenders the tax dues directly to the Department, the Department will be in a position to raise attachment.

4. Mr.R.Thiyagarajan, learned counsel seeks time to get the purchasers who are ready to pay the sale consideration forthwith. Post on 10.07.2019.

18.06.2019 dsa R.SUBRAMANIAN.J., dsa http://www.judis.nic.in

A.Nos.7546, 7547, 7548 and 7553 of 2017 in E.P.Nos.32 to 35 of 2017 18.06.2019 http://www.judis.nic.in