https://www.taxtmi.com/caselaws?id=43780 A sick industrial company that could not feasibly furnish a bank guarantee was held not to be bound by a condition attaching waiver of pre-deposit where that condition would prevent the appeal from being heard on merits. The Tribunal had exempted deposit but made the exemption dependent on a bank guarantee, and that requirement was found unsustainable on the facts. The bank guarantee condition was quashed, and the appeal was directed to proceed on merits without insisting on pre-deposit. en-us Mon, 07 Mar 1994 00:00:00 +0530 Mon, 21 Jun 2010 10:30:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43780 A sick industrial company that could not feasibly furnish a bank guarantee was held not to be bound by a condition attaching waiver of pre-deposit where that condition would prevent the appeal from being heard on merits. The Tribunal had exempted deposit but made the exemption dependent on a bank guarantee, and that requirement was found unsustainable on the facts. The bank guarantee condition was quashed, and the appeal was directed to proceed on merits without insisting on pre-deposit. Case-Laws Central Excise Mon, 07 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43780