https://www.taxtmi.com/caselaws?id=46549 The High Court set aside the Tribunal's order directing petitioners to deposit 50% of penalties, citing lack of consideration for financial status and prima facie case. The Court emphasized the need for the Tribunal to apply relevant materials objectively, remanding the cases for reconsideration of stay applications in line with established principles. All writ petitions were allowed, and the rule was made absolute with no costs. en-us Fri, 22 Nov 2002 00:00:00 +0530 Thu, 22 Jul 2010 13:44:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46549 The High Court set aside the Tribunal's order directing petitioners to deposit 50% of penalties, citing lack of consideration for financial status and prima facie case. The Court emphasized the need for the Tribunal to apply relevant materials objectively, remanding the cases for reconsideration of stay applications in line with established principles. All writ petitions were allowed, and the rule was made absolute with no costs. Case-Laws Customs Fri, 22 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46549