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    <title>2013 (10) TMI 1584 - APPELLATE TRIBUNAL FOR FOREIGN EXCHANGE, NEW DELHI</title>
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    <description>Dispensation of pre-deposit requires a showing of undue hardship, and the Tribunal may impose conditions to secure realization of the penalty. Mere assertion of a strong case on merits was insufficient by itself, but the materials justified partial relief. Conditional waiver of pre-deposit was granted only in part, subject to deposit of specified portions of the penalty and furnishing security for the balance, while the request for stay of operation of the impugned order was rejected.</description>
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      <description>Dispensation of pre-deposit requires a showing of undue hardship, and the Tribunal may impose conditions to secure realization of the penalty. Mere assertion of a strong case on merits was insufficient by itself, but the materials justified partial relief. Conditional waiver of pre-deposit was granted only in part, subject to deposit of specified portions of the penalty and furnishing security for the balance, while the request for stay of operation of the impugned order was rejected.</description>
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