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<h1>Madhya Pradesh HC Indore Bench Grants Stay on Recovery Proceedings in Modvat Credit Dispute</h1> The HC of MP, Indore Bench granted a stay on recovery proceedings in a petition challenging an order on Modvat credit. The court found a prima facie case ... Stay/Dispensation of prior deposit - Grant of The High Court of Madhya Pradesh, Indore Bench admitted the petition challenging an order related to Modvat credit. The petitioner sought to stay recovery proceedings initiated against them. The court found a prima facie case in favor of the petitioner based on previous decisions and directed that the recovery proceedings remain stayed until the appeal is disposed of, with a deadline of three months for the decision.