Stay extended on attaching goods pending ROM application disposal. Parties must list promptly. Review set for 14-3-2008. The Tribunal extended the prohibition on attaching future goods until the disposal of the ROM application, following the appellant's commitment to pay the ...
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Stay extended on attaching goods pending ROM application disposal. Parties must list promptly. Review set for 14-3-2008.
The Tribunal extended the prohibition on attaching future goods until the disposal of the ROM application, following the appellant's commitment to pay the dues and the High Court's directive. Both parties were directed to promptly list the ROM application before the Bench, with a review scheduled for 14-3-2008 to assess efforts made, warning of potential lift of the stay order if sufficient efforts were not demonstrated.
Issues Involved: Stay of recovery of dues pending disposal of ROM application.
Analysis: 1. The appellant sought a stay of recovery of dues pending the disposal of the ROM application. The appellant's advocate reiterated their commitment to fully pay the dues as per the order against them. The High Court's order prohibited the Revenue from attaching future goods for three weeks, which was extended until the ROM application's disposal.
2. Considering the appellant's undertaking and the High Court's directive, the Tribunal extended the prohibition on attaching future goods until the ROM application's resolution. Both parties were instructed to ensure the ROM application was promptly listed before the Bench. A review of the efforts made by both sides was scheduled for 14-3-2008, with a warning that the stay order could be lifted if the appellant failed to demonstrate sufficient efforts.
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