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    <title>1998 (7) TMI 171 - CEGAT, NEW DELHI</title>
    <link>https://www.taxtmi.com/caselaws?id=88930</link>
    <description>A request to modify a stay order so that the pre-deposit condition could be satisfied by debiting RG 23A Part II was rejected because the applicants&#039; reliance on an earlier offer of part cash and part bank guarantee did not justify the change. The cited precedent was distinguished on the ground that no comparable offer had been made there. A provisional balance sheet was also not accepted as reliable evidence of financial position because it was uncertified by a Chartered Accountant. The modification application was therefore dismissed, but the time for making the deposit was extended and the earlier stay conditions were continued.</description>
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    <pubDate>Fri, 24 Jul 1998 00:00:00 +0530</pubDate>
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      <title>1998 (7) TMI 171 - CEGAT, NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=88930</link>
      <description>A request to modify a stay order so that the pre-deposit condition could be satisfied by debiting RG 23A Part II was rejected because the applicants&#039; reliance on an earlier offer of part cash and part bank guarantee did not justify the change. The cited precedent was distinguished on the ground that no comparable offer had been made there. A provisional balance sheet was also not accepted as reliable evidence of financial position because it was uncertified by a Chartered Accountant. The modification application was therefore dismissed, but the time for making the deposit was extended and the earlier stay conditions were continued.</description>
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      <pubDate>Fri, 24 Jul 1998 00:00:00 +0530</pubDate>
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