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    <title>2014 (5) TMI 1061 - CALCUTTA HIGH COURT</title>
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    <description>The Court set aside and quashed the orders directing a pre-deposit of Rs. 60 Lakhs, emphasizing that pre-deposit should be waived in cases of extreme hardship and when a strong prima facie case is made out. The Tribunal&#039;s failure to adequately consider the merits of the case and provide reasons for the pre-deposit amount was deemed arbitrary and in violation of principles of natural justice. The petitioners were granted relief, with directions for reconsideration of the stay application, restrictions on property dealings, and a mandate for expeditious disposal of the appeal within four months.</description>
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    <pubDate>Thu, 15 May 2014 00:00:00 +0530</pubDate>
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      <title>2014 (5) TMI 1061 - CALCUTTA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=176922</link>
      <description>The Court set aside and quashed the orders directing a pre-deposit of Rs. 60 Lakhs, emphasizing that pre-deposit should be waived in cases of extreme hardship and when a strong prima facie case is made out. The Tribunal&#039;s failure to adequately consider the merits of the case and provide reasons for the pre-deposit amount was deemed arbitrary and in violation of principles of natural justice. The petitioners were granted relief, with directions for reconsideration of the stay application, restrictions on property dealings, and a mandate for expeditious disposal of the appeal within four months.</description>
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      <pubDate>Thu, 15 May 2014 00:00:00 +0530</pubDate>
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