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    <title>2015 (4) TMI 769 - CESTAT KOLKATA</title>
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    <description>Negative net worth and the applicable precedent on sick units justified waiver of pre-deposit, so the appellant was relieved of the deposit requirement. The record also indicated that the export obligation period had been extended and that further extension, along with other factual pleas, required verification because those matters had not been examined by the original authority. The dispute was therefore remanded for fresh adjudication after hearing the appellant, so the impugned adjudication could be reconsidered on the verified facts.</description>
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      <description>Negative net worth and the applicable precedent on sick units justified waiver of pre-deposit, so the appellant was relieved of the deposit requirement. The record also indicated that the export obligation period had been extended and that further extension, along with other factual pleas, required verification because those matters had not been examined by the original authority. The dispute was therefore remanded for fresh adjudication after hearing the appellant, so the impugned adjudication could be reconsidered on the verified facts.</description>
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