https://www.taxtmi.com/caselaws?id=114836 BIFR registration under the Sick Industrial Companies (Special Provisions) Act, 1985 did not by itself exempt an assessee from the statutory pre-deposit requirement under Section 35F of the Central Excise Act, 1944. The Tribunal treated the deposit obligation as independent of sick-company status and held that Section 22 of the 1985 Act did not extend to proceedings concerning pre-deposit. Relying on the Supreme Court's approach, it concluded that BIFR registration was not a sufficient ground to dispense with the ordered deposit. The waiver request was rejected, and unconditional stay was denied. en-us Fri, 17 Dec 2004 00:00:00 +0530 Mon, 21 May 2012 15:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114836 BIFR registration under the Sick Industrial Companies (Special Provisions) Act, 1985 did not by itself exempt an assessee from the statutory pre-deposit requirement under Section 35F of the Central Excise Act, 1944. The Tribunal treated the deposit obligation as independent of sick-company status and held that Section 22 of the 1985 Act did not extend to proceedings concerning pre-deposit. Relying on the Supreme Court's approach, it concluded that BIFR registration was not a sufficient ground to dispense with the ordered deposit. The waiver request was rejected, and unconditional stay was denied. Case-Laws Central Excise Fri, 17 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114836