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Issues: Whether the order directing pre-deposit and rejecting modification could be sustained when no personal hearing was afforded, and whether the matter should be remanded for fresh decision.
Analysis: The order was passed without granting personal hearing. The appellant's request for modification of the stay order was also rejected without hearing. In these circumstances, the matter was not decided on merits and the proper course was to set aside the impugned order and direct reconsideration after giving a reasonable opportunity of hearing.
Conclusion: The impugned order was set aside and the appeals were remanded for fresh consideration without insisting on pre-deposit. Relief was thus granted in favour of the appellant.