2011 (3) TMI 786

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....tly, for the Respondent. [Order]. -  P.C. : Heard. Both the appeals are admitted on the following question of law. Whether the Tribunal was justified in declining to stay the operation of the order-in-original dated 11-8-2009 during the pendency of the Appeal ? 2. By a common order dated 8th November, 2010 the CESTAT has declined to stay the order-in-original dated 11th Augus....

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....faulter company. On Appeal filed by the assessee along with stay application, the CESTAT by the impugned order held that prima facie the plot in question belongs to the tax defaulter company and accordingly declined to grant stay during the pendency of the Appeal. Challenging the aforesaid order, present Appeals are filed. 4. Admittedly the Appellants are in possession of the plot in quest....