2011 (11) TMI 209

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....eal was called, nobody appeared for the appellants nor is there any adjournment request.  2. In this case, vide Order No.S/382-383/WZB/AHD/2010, dt.6.5.10, pre-deposit of penalty of Rs.25,000/- (Rupees Twenty Five Thousands only) on the Director was waived subject to condition that the appellant company deposits 50% of the penalty within a period of two months. However, after depositing Rs....

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....sed for non-compliance vide Order No.A/618/WZB/AHD/2011, dt.25.3.11. Thereafter, the appellant filed an application for restoration of appeal, stating that the appellant's financial position is extremely precarious, the sales have considerably dropped, the appellant's major customers are from Government Sector and their orders usually come after the month of October. It was submitted that with gre....