1994 (8) TMI 164

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....ppellant. Shri B.K. Singh, SDR, for the Respondents. [Order per : Harish Chander, President ]. - M/s. Osio Electronics, Sector-7, Noida, have filed an appeal being aggrieved from the order passed by Collector of Central Excise (Appeals), Ghaziabad. A stay application duly supported with an affidavit has also been filed. Shri Y.N. Chopra, the learned Consultant has appeared on behalf of th....

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.... Meerut vide Stay Order No. E/166/92-B, dated 25th May, 1992. He pleaded that in case the appellants are desired to deposit the duty amount of Rs.1,37,570, Basic Excise Duty and Rs. 15,341.75, Special Excise Duty, it will amount to undue hardship. Shri B.K. Singh, the learned SDR who is present on behalf of the respondent pleaded that there is no information on record whether at the time of the im....

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....upra). We also note the poor financial conditions of the applicants and the fact that the factory is lying closed for the last three years. Therefore, having regard to the overall facts and circumstances of the case, we are of the view that applicants would be facing undue hardship if they were asked to deposit any amount of duty. Accordingly, the stay petition is allowed unconditionally." The ....