Supreme Court directs appellant to deposit Rs. 7.5 crores within two months for appeal restoration. The Supreme Court granted leave in an appeal filed by a partner of Novamet Industries penalized by Revenue Authorities. The appeal was dismissed by CESTAT ...
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Supreme Court directs appellant to deposit Rs. 7.5 crores within two months for appeal restoration.
The Supreme Court granted leave in an appeal filed by a partner of Novamet Industries penalized by Revenue Authorities. The appeal was dismissed by CESTAT due to non-payment of pre-deposit. The Court directed the appellant to deposit Rs. 7.5 crores within two months for the appeal to be restored and heard on merits. The order only applies to the appellant's individual appeal, not the appeal filed by Novamet Industries as a firm. The appeal was disposed of with no costs.
The Supreme Court granted leave in an appeal filed by a partner of Novamet Industries penalized by Revenue Authorities. The appeal was dismissed by CESTAT due to non-payment of pre-deposit. The Court directed the appellant to deposit Rs. 7.5 crores within two months for the appeal to be restored and heard on merits. The order only applies to the appellant's individual appeal, not the appeal filed by Novamet Industries as a firm. The appeal was disposed of with no costs.
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