2005 (1) TMI 578

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....Advocate, for the Appellant. Shri Y.S. Loni, JDR, for the Respondent. [Order per : V.K. Jain, Member (T)]. - Heard Shri J.P. Khaitan, Sr. Advocate along with Sri Sanjay Bhaumik, Advocate on the extension of stay. He submits that the Larger Bench of the Tribunal in the case of IPCL v. Commr. of Central Excise, Vadodara reported in 2004 (169) E.L.T. 267 ( Tri-LB) has held that Tribunal has ....

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....f the Stay. At this stage the Sr. Advocate brings to my notice that though the Tribunal has given the Stay Order till further orders, the Assistant Commissioner vide his order dated 16-12-2005 has adjusted the amount on the plea that the appeal of the party has not been decided within 180 days from the date of Stay Order i.e. 1-4-05, the Stay Order stands vacated and therefore said amount of ar....