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    <title>2017 (3) TMI 1342 - MADRAS HIGH COURT</title>
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    <description>The Court modified the order imposing conditions of stay pending appeal, allowing the petitioner to furnish a personal bond for the balance amount of disputed tax and penalty instead of a Bank Guarantee. This decision was based on previous cases where a similar approach was taken when a significant portion of the disputed tax had been paid. The writ petition was disposed of with directions for the petitioner to submit the personal bond within two weeks, resulting in a stay on the Order-in-Original pending appeal with the first respondent, without any costs incurred by the petitioner.</description>
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    <pubDate>Wed, 15 Feb 2017 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=340839</link>
      <description>The Court modified the order imposing conditions of stay pending appeal, allowing the petitioner to furnish a personal bond for the balance amount of disputed tax and penalty instead of a Bank Guarantee. This decision was based on previous cases where a similar approach was taken when a significant portion of the disputed tax had been paid. The writ petition was disposed of with directions for the petitioner to submit the personal bond within two weeks, resulting in a stay on the Order-in-Original pending appeal with the first respondent, without any costs incurred by the petitioner.</description>
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      <pubDate>Wed, 15 Feb 2017 00:00:00 +0530</pubDate>
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