https://www.taxtmi.com/caselaws?id=115790 Entitlement to waiver of predeposit and stay of recovery was considered in the context of a penalty imposed under Rule 209A of the Central Excise Rules, 1944. The appellant's assertion that he had resigned from the company before the period of alleged clandestine removal was not rebutted, and the demand period was subsequent to that resignation. The relevant Managing Director had already been exonerated by the lower appellate authority. On these facts, a prima facie case for interim relief was found, and waiver of predeposit was granted together with stay of recovery of the penalty during the appeal. en-us Mon, 22 Nov 2004 00:00:00 +0530 Mon, 04 Jun 2012 10:50:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115790 Entitlement to waiver of predeposit and stay of recovery was considered in the context of a penalty imposed under Rule 209A of the Central Excise Rules, 1944. The appellant's assertion that he had resigned from the company before the period of alleged clandestine removal was not rebutted, and the demand period was subsequent to that resignation. The relevant Managing Director had already been exonerated by the lower appellate authority. On these facts, a prima facie case for interim relief was found, and waiver of predeposit was granted together with stay of recovery of the penalty during the appeal. Case-Laws Central Excise Mon, 22 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115790