STATE OF ANDHRA PRADESH vs THE CHIEF COMMISSIONER OF INCOME TAX AND ORS ETC

The Supreme Court addressed the interim order of the Andhra Pradesh High Court regarding the re-deposit of Rs. 489.07 crores received from APBCL by the State of Andhra Pradesh, as directed by the High Court. The Court requested the High Court to expedite the disposal of the pending Writ Petitions, emphasizing that all contentions remain open and that no coercive recovery actions should be taken until the Writ Petitions are resolved. The Court held that the appellants must comply with the High Court's order regarding deposit if the Writ Petitions are dismissed, subject to the orders attaining finality.