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    <title>2014 (9) TMI 850 - MADRAS HIGH COURT</title>
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    <description>A stay condition requiring a security bond or bank guarantee for the balance tax and entire penalty was modified to allow execution of a personal bond instead. The writ petition succeeded only on this limited issue, as the court accepted that the stay arrangement could be suitably relaxed in line with a similar earlier matter. On furnishing the personal bond, the impugned order stood modified and interim stay of collection pending disposal of the appeal was granted.</description>
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      <description>A stay condition requiring a security bond or bank guarantee for the balance tax and entire penalty was modified to allow execution of a personal bond instead. The writ petition succeeded only on this limited issue, as the court accepted that the stay arrangement could be suitably relaxed in line with a similar earlier matter. On furnishing the personal bond, the impugned order stood modified and interim stay of collection pending disposal of the appeal was granted.</description>
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