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    <title>2002 (12) TMI 416 - CEGAT, MUMBAI</title>
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    <description>The Tribunal modified the order, directing M/s. TELCO to deposit Rs. 20 crores in cash and provide a bank guarantee for Rs. 30 crores within 8 weeks. Upon compliance, the pre-deposit of the remaining sums would be waived, and recovery stayed during the appeal&#039;s pendency. The decision balanced the financial circumstances of the company with the legal requirements under the Central Excise Act.</description>
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      <link>https://www.taxtmi.com/caselaws?id=107157</link>
      <description>The Tribunal modified the order, directing M/s. TELCO to deposit Rs. 20 crores in cash and provide a bank guarantee for Rs. 30 crores within 8 weeks. Upon compliance, the pre-deposit of the remaining sums would be waived, and recovery stayed during the appeal&#039;s pendency. The decision balanced the financial circumstances of the company with the legal requirements under the Central Excise Act.</description>
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