https://www.taxtmi.com/caselaws?id=255023 Where an assessed demand rested exclusively on an earlier precedent later overruled by a Constitution Bench, the stay application was supported by a strong prima facie case in appeal. The Court applied settled stay principles, requiring consideration of prima facie merit, likelihood of success, and undue hardship from insisting on deposit. As the appeal remained pending and further recovery would risk rendering the appeal ineffective, complete stay of the remaining demand was granted until expeditious disposal of the appeal. en-us Tue, 26 Aug 2014 00:00:00 +0530 Tue, 06 Jan 2015 10:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255023 Where an assessed demand rested exclusively on an earlier precedent later overruled by a Constitution Bench, the stay application was supported by a strong prima facie case in appeal. The Court applied settled stay principles, requiring consideration of prima facie merit, likelihood of success, and undue hardship from insisting on deposit. As the appeal remained pending and further recovery would risk rendering the appeal ineffective, complete stay of the remaining demand was granted until expeditious disposal of the appeal. Case-Laws VAT and Sales Tax Tue, 26 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255023