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    <title>2008 (8) TMI 727 - CESTAT, BANGALORE</title>
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    <description>The Tribunal granted the appellants&#039; request to recall the Stay Order directing a pre-deposit of Rs. 10 lakhs due to financial hardship and insolvency. The appellants were relieved of the pre-deposit requirement, considering their circumstances, including the auction of the company&#039;s assets and the Managing Director&#039;s insolvency petition. The Tribunal acknowledged the significant duty amount involved and listed the matter for an out-of-turn hearing.</description>
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    <pubDate>Mon, 11 Aug 2008 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=124914</link>
      <description>The Tribunal granted the appellants&#039; request to recall the Stay Order directing a pre-deposit of Rs. 10 lakhs due to financial hardship and insolvency. The appellants were relieved of the pre-deposit requirement, considering their circumstances, including the auction of the company&#039;s assets and the Managing Director&#039;s insolvency petition. The Tribunal acknowledged the significant duty amount involved and listed the matter for an out-of-turn hearing.</description>
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