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<h1>High Court reduces pre-deposit in Sengupta case</h1> The High Court of Andhra Pradesh modified the Tribunal's order, reducing the pre-deposit amount to Rs. 3 crores from Rs. 3.4 crores in the case involving ... Whether the figure mentioned in the impugned order is correct or not - while quantifying the amount of waiver of pre-deposit, the learned Tribunal has taken a mistaken and incorrect figure - Held that:- to make the amount of deposit in a round figure, it would be ₹ 3 crores instead of ₹ 3.4 crores. Therefore, learned Tribunal has rightly exercised its discretion in asking to make the deposit. - Appeal disposed of The High Court of Andhra Pradesh modified the order of the learned Tribunal regarding the amount of waiver of pre-deposit to be Rs. 3 crores instead of Rs. 3.4 crores in the case of Sri Kalyan Jyoti Sengupta. The appeal was disposed of with no costs.
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