SHREE CHANDRASHEKHAR
Kartar Mineral & Steel Private Ltd. – Appellant
Versus
CCL through its CMD, Ranchi – Respondent
The petitioner-Kartar Mineral & Steel Private Ltd. has preferred the writ petition seeking a direction for refund of an amount of Rs. 22,15,410.00 of Earnest Money Deposit (E.M.D.), deposited for allotment of 500 MT coal in Siding of M Junction.
2. The petitioner has claimed that it participated in M Junction bidding in which 500 MT coal was allotted for which, an amount of Rs. 22,15,410.00 was to be deposited on or before 07.02.2013. The petitioner tried its level best to deposit the said amount on 07.02.2013 through RTGS in the account of respondent-CCL however, due to some technical problem the bank could not transmit the amount through RTGS. The said amount was however, deposited in the account of respondent-CCL by NEFT. The said amount was debited from the account of the petitioner on 07.02.2013 however, it could be transferred through NEFT in the account of respondent-CCL on 08.02.2013. The respondent-CCL refused to release the coal and the EMD to the tune of Rs. 22,15,410.00. On 12.02.2013, the petitioner submitted application to respondent no.2 seeking refund of EMD amount debited from the account of petitioner on 07.02.2013 however, the said amount was not released. A
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