1997 (1) TMI 296

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....ataramani, Member (T)]. - The Reference Application raises the following questions of law : 1. Whether the finding of the Tribunal that involvement of M/s. R.K. Impex & Co. has been established has been arrived at by ignoring the material evidence and/or by taking into consideration the irrelevant and/or extraneous materials and/or inadmissible/here say evidence and documents and/or arbitr....

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.... justified in passing the order? 6. Whether the demand of penalty in the facts and circumstances of the case is sustainable in law? purported to arise out of the order of the Tribunal Order Nos. 26-28/96-WRB, dated 11-1-1996. 2. We have heard Shri J.D. Ved the ld. Counsel for the applicant and Shri Gurdeep Singh the ld. JDR for the Respondents. 3. We find that all the questions ....