https://www.taxtmi.com/caselaws?id=48092 BIFR registration does not, by itself, suspend or waive the statutory pre-deposit obligation under section 35F of the Central Excise Act, 1944. Where an assessee seeks waiver on the basis of financial incapacity, it must independently establish grounds justifying relief; mere pendency before the BIFR is insufficient. The pre-deposit requirement is not automatically covered by the protection under section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985. On that basis, the refusal to interfere with the deposit direction was upheld and the challenge failed. en-us Tue, 30 Jan 2007 00:00:00 +0530 Mon, 02 Aug 2010 15:57:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48092 BIFR registration does not, by itself, suspend or waive the statutory pre-deposit obligation under section 35F of the Central Excise Act, 1944. Where an assessee seeks waiver on the basis of financial incapacity, it must independently establish grounds justifying relief; mere pendency before the BIFR is insufficient. The pre-deposit requirement is not automatically covered by the protection under section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985. On that basis, the refusal to interfere with the deposit direction was upheld and the challenge failed. Case-Laws Central Excise Tue, 30 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48092