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    <title>2013 (7) TMI 129 - MADRAS HIGH COURT</title>
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    <description>Interim stay on duty recovery lapsed when the appeal was not decided within the statutory period under the governing pre-deposit scheme, so continued protection could not be demanded as of right. The assessee&#039;s withdrawal of the earlier writ petition challenging the pre-deposit direction was treated as acquiescence in the deposit requirement, reinforcing the Tribunal&#039;s view that pre-deposit remained payable. On those facts, no error was found in the Tribunal&#039;s discretion in refusing extension of stay and directing pre-deposit.</description>
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      <description>Interim stay on duty recovery lapsed when the appeal was not decided within the statutory period under the governing pre-deposit scheme, so continued protection could not be demanded as of right. The assessee&#039;s withdrawal of the earlier writ petition challenging the pre-deposit direction was treated as acquiescence in the deposit requirement, reinforcing the Tribunal&#039;s view that pre-deposit remained payable. On those facts, no error was found in the Tribunal&#039;s discretion in refusing extension of stay and directing pre-deposit.</description>
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