https://www.taxtmi.com/caselaws?id=353485 In considering dispensation of pre-deposit, the authority must assess the prima facie case, balance of convenience and whether the deposit requirement causes undue hardship. Applying that test, the Tribunal had already granted substantial relief by waiving most of the pre-deposit and directing only a 10% deposit with security for part of the balance. The appellant's plea of financial hardship was not sufficient, particularly in light of its own assertion of financial stability. The Delhi HC held that the limited deposit direction did not warrant interference, and the appeal failed. en-us Wed, 29 Nov 2017 00:00:00 +0530 Fri, 05 Jan 2018 08:57:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353485 In considering dispensation of pre-deposit, the authority must assess the prima facie case, balance of convenience and whether the deposit requirement causes undue hardship. Applying that test, the Tribunal had already granted substantial relief by waiving most of the pre-deposit and directing only a 10% deposit with security for part of the balance. The appellant's plea of financial hardship was not sufficient, particularly in light of its own assertion of financial stability. The Delhi HC held that the limited deposit direction did not warrant interference, and the appeal failed. Case-Laws FEMA Wed, 29 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353485