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of <h1>Appellate Tribunal allows modification of stay order to dispose of plant & machinery with bank guarantee.</h1> The Appellate Tribunal CEGAT, Mumbai allowed the modification of a stay order to dispose of plant and machinery by executing a bank guarantee for Rs. 1.00 ... Stay order - Modification of The Appellate Tribunal CEGAT, Mumbai allowed the modification of a stay order to dispose of plant and machinery by executing a bank guarantee for Rs. 1.00 lac. The Tribunal modified the stay order to lift the restriction on disposal of the confiscated items upon execution of the bank guarantee.
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