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1996 (7) TMI 239

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....pellants. Shri A.K. Madan, SDR, for the Respondents. [Order per : G.R. Sharma, Member (T).]. -  By the present application, the applicants have sought modification of the Stay Order No. 27/96-C, dated 25-4-1996. 2. Shri A.P. Mathur, the learned Advocate appearing for the applicants submits that there have been fresh development accentuating the cash crunch on the applicants. ....

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....yed that in case the order cannot be modified reducing the amount of payment or doing away completely with pre-deposit, they may be in the alternate, given further time to deposit the amount. 3. Opposing the request for modification of the Stay Order, Shri A.K. Madan, the learned SDR submits that the earlier order was issued sometime in May. At that time, in their stay application, a point....

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....e Government banning the manufacture of BHC insecticide. In this view of the matter, we find that it will create financial hardship to the applicants if they are directed to deposit the amount within the period already specified. Having held so, we direct the applicants to deposit amount of Rs. 5.50 lacs within four weeks from today. On deposit of this amount, the balance amount shall be deposited....