https://www.taxtmi.com/caselaws?id=167275 The Tribunal denied the application for stay of execution and dispensing with the deposit under Section 35F of the Central Excises and Salt Act, 1944. It found that the Applicant's financial position, as evidenced by substantial reserves, did not justify dispensing with the deposit. Emphasizing the importance of the deposit as a condition precedent for hearing the Appeal, the Tribunal dismissed the application, highlighting that mere disagreement with an order does not warrant a stay of execution. The Tribunal underscored the necessity of assessing the Applicant's liquidity and upheld the requirement of making the deposit for the Appeal to proceed. en-us Wed, 27 Feb 1985 00:00:00 +0530 Sat, 13 Dec 2014 13:30:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167275 The Tribunal denied the application for stay of execution and dispensing with the deposit under Section 35F of the Central Excises and Salt Act, 1944. It found that the Applicant's financial position, as evidenced by substantial reserves, did not justify dispensing with the deposit. Emphasizing the importance of the deposit as a condition precedent for hearing the Appeal, the Tribunal dismissed the application, highlighting that mere disagreement with an order does not warrant a stay of execution. The Tribunal underscored the necessity of assessing the Applicant's liquidity and upheld the requirement of making the deposit for the Appeal to proceed. Case-Laws Central Excise Wed, 27 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167275