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    <title>1994 (7) TMI 193 - CEGAT, MADRAS</title>
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    <description>The Tribunal set aside the dismissal of the Stay petition due to default of appearance and restored it for disposal on merits. The petitioners, facing financial constraints with a closed factory and no assets, sought restoration citing reasons such as not receiving notices and personal hardships. The Tribunal emphasized the right to appeal, noting the petitioners&#039; lack of assets and willingness for recovery. The decision underscores the importance of balancing the right to appeal with timely participation in legal proceedings, ultimately granting the restoration for further proceedings on merits.</description>
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      <link>https://www.taxtmi.com/caselaws?id=83534</link>
      <description>The Tribunal set aside the dismissal of the Stay petition due to default of appearance and restored it for disposal on merits. The petitioners, facing financial constraints with a closed factory and no assets, sought restoration citing reasons such as not receiving notices and personal hardships. The Tribunal emphasized the right to appeal, noting the petitioners&#039; lack of assets and willingness for recovery. The decision underscores the importance of balancing the right to appeal with timely participation in legal proceedings, ultimately granting the restoration for further proceedings on merits.</description>
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