https://www.taxtmi.com/caselaws?id=95263 Waiver of pre-deposit was granted where the appellant showed substantial losses in its annual report and relied on sick-unit status recognised by the Board of Industrial Reconstruction. On that material, the financial hardship claim was accepted for the stay request, and insisting on deposit of the duty amount was treated as likely to cause undue hardship. The appeal was therefore entertained without pre-deposit, and coercive recovery was restrained until further orders. en-us Fri, 22 Dec 2000 00:00:00 +0530 Fri, 09 Dec 2011 12:50:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95263 Waiver of pre-deposit was granted where the appellant showed substantial losses in its annual report and relied on sick-unit status recognised by the Board of Industrial Reconstruction. On that material, the financial hardship claim was accepted for the stay request, and insisting on deposit of the duty amount was treated as likely to cause undue hardship. The appeal was therefore entertained without pre-deposit, and coercive recovery was restrained until further orders. Case-Laws Central Excise Fri, 22 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95263