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2004 (5) TMI 457

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....Kumar, SDR, for the Respondent. [Order per : V.K. Agrawal, Member (T)]. -  These appeals are posted today for reporting compliance of this Stay Order No. 122/2004-B, dated  10-3-2004 and Stay Order No. 123-126/2004-B, dated 10-3-2004 by which M/s. M.P. Iron & Steel Co. were directed to deposit Rs. 10 lakhs and Rs. 2 lakhs respectively and the compliance was to be reported today, i.e. 1....

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....ncially crippled. 3. Opposing the prayer, Shri Vikas Kumar, learned Senior Departmental Representative submitted that the Order of the Hon'ble High Court was very much in existence when the Stay petitions filed by the applicants were heard by the Tribunal and the stay was granted subject to deposit of certain amounts; that similarly the notice under the Act of 2002 by Punjab National Bank wa....