Justice Yashwant Varma gave three weeks time to the department to decide the representations made by the company, Indospirit, whose MD Sameer Mahendru was arrested by ED for alleged money laundering. “Court is of the considered opinion that the ends of justice would warrant the deputy commissioner being called upon to dispose of the pending representations with expedition and preferably within a period of three weeks from today. All contentions of respective parties on merit are kept open,” the HC said.
The company said that upon the expiry of the excise licence held by it, it was left with unsold stock that could not to be disposed of till date. It said even representations had been made to the department, but no action was taken, leading to spiralling costs towards rent for storage of the liquor stock in a bonded warehouse. The firm said it had also made a representation for being permitted to shift the same to another bonded warehouse where the rental liability would be less.
The company urged the court to direct the department to allow it to sell and transfer the existing liquor stock or part of it on the payment of the requisite duty by the manufacturers, to any or all of the four corporations now handling liquor vends in the capital. These are Delhi State Industrial and Infrastructure Development Corporation, Delhi Tourism and Transportation Development Corporation, Delhi Consumer’s Cooperative Wholesale Store, and Delhi State Civil Supplies Corporation Limited.