Commercial Tax Officer And Anr. vs Canara Bank

The Supreme Court allowed the withdrawal of writ petitions filed in the High Courts of Karnataka and Kerala, permitting the respondents to raise all factual and legal issues before the concerned authority. The Court expressed strong prima facie reservations regarding the correctness of the judgments under appeal, leading to the setting aside of those judgments and orders. The Court clarified that all arguments would remain open for consideration in the proceedings before the Sales Tax authorities, with no order as to costs.