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    <title>2012 (3) TMI 375 - MADRAS HIGH COURT</title>
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    <description>Writ jurisdiction over tax appeal stay conditions can be used to make pre-deposit and security requirements reasonable without undermining the appellate remedy. The High Court modified the appellate authority&#039;s direction requiring a further 25% pre-deposit and security or bank guarantee, taking into account the partial payment already made and the alleged clerical nature of the dispute. It substituted less onerous conditions by directing payment of Rs. 50 lakhs and a personal bond for the balance within four weeks, after which the statutory appeal was to be heard and decided on merits.</description>
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    <pubDate>Thu, 01 Mar 2012 00:00:00 +0530</pubDate>
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      <title>2012 (3) TMI 375 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=167783</link>
      <description>Writ jurisdiction over tax appeal stay conditions can be used to make pre-deposit and security requirements reasonable without undermining the appellate remedy. The High Court modified the appellate authority&#039;s direction requiring a further 25% pre-deposit and security or bank guarantee, taking into account the partial payment already made and the alleged clerical nature of the dispute. It substituted less onerous conditions by directing payment of Rs. 50 lakhs and a personal bond for the balance within four weeks, after which the statutory appeal was to be heard and decided on merits.</description>
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      <pubDate>Thu, 01 Mar 2012 00:00:00 +0530</pubDate>
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