2000 (6) TMI 600

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....per : J.H. Joglekar, Member (T)]. -  The applicant is a co-noticee where the main noticee M/s. Toho Corporation, had achieved satisfaction under the Kar Vivad Samadhan Scheme Rules, 1998. When this application seeking stay of penalty of Rs. 10 lakhs had come up for hearing on an earlier occasion, Shri Anil Balani referred to the order of Bombay High Court in Writ Petition No. 1339/99 filed b....

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....GAT)]. (2)     Broadway Textiles Ltd. & Ors. v. CCE, Kanpur [1999 (35) RLT 729 (CEGAT]. In these judgments, the Tribunal had set aside the penalties imposed upon the co-noticee. We had occasion to differ from the first cited order earlier. However in the presence of these judgment we accede to the application for waiver and grant unconditional stay and waiver of the penalty i....