https://www.taxtmi.com/caselaws?id=83786 The Tribunal modified a stay order requiring applicants to deposit Rs. 16 lakhs in cash and via Bank Guarantee. Despite upholding the cash pre-deposit, the Bank guarantee condition was reduced to 25%. The decision aimed to balance compliance with the original order and the applicants' financial difficulties, granting an extension for compliance until 1995. The Tribunal considered the firms' financial documents and previous High Court rulings, providing relief to the applicants while ensuring adherence to the Tribunal's requirements. en-us Wed, 23 Nov 1994 00:00:00 +0530 Sat, 16 Jul 2011 17:35:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83786 The Tribunal modified a stay order requiring applicants to deposit Rs. 16 lakhs in cash and via Bank Guarantee. Despite upholding the cash pre-deposit, the Bank guarantee condition was reduced to 25%. The decision aimed to balance compliance with the original order and the applicants' financial difficulties, granting an extension for compliance until 1995. The Tribunal considered the firms' financial documents and previous High Court rulings, providing relief to the applicants while ensuring adherence to the Tribunal's requirements. Case-Laws Customs Wed, 23 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83786