https://www.taxtmi.com/caselaws?id=312879 Pre-deposit of 10% of the penalty amount was treated as an onerous condition where there was a prima facie basis to dispute the petitioner's liability. The Court noted material suggesting that she was not a director of the penalised company, that she was linked to a different legal entity, and that the record did not show her induction as a director in the newly incorporated company. Because the merits were still to be examined by the Tribunal, insisting on pre-deposit was likely to cause undue hardship, and the condition was set aside. en-us Wed, 09 Aug 2017 00:00:00 +0530 Wed, 13 Mar 2024 08:43:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312879 Pre-deposit of 10% of the penalty amount was treated as an onerous condition where there was a prima facie basis to dispute the petitioner's liability. The Court noted material suggesting that she was not a director of the penalised company, that she was linked to a different legal entity, and that the record did not show her induction as a director in the newly incorporated company. Because the merits were still to be examined by the Tribunal, insisting on pre-deposit was likely to cause undue hardship, and the condition was set aside. Case-Laws FEMA Wed, 09 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312879