2011 (6) TMI 579

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.... Shri A.K. Prabhakar, JDR For Respondent Per  Ashok Jindal Vide Stay Order No. S/23/2011/EB/C-II dated 03.01.2011, this Tribunal has directed the appellant to make a pre-deposit of Rs.68.8 lakhs within four weeks and report compliance on 7.2.2011. When the matter came for compliance on 21.02.2011, the appellant stated that they have preferred an appeal before the Hon'ble High Court of B....

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....p on 10.06.2011, it was reported by the appellant that the matter is listed on 13.06.2011 before the Hon'ble Bombay High Court but they could not produce any order of extension of time or stay of operation of the stay order dated 03.01.2011. Therefore, this Tribunal in the interest of justice, adjourned the matter to 17.06.2011 for either compliance or specific order of stay of operation of the st....

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....wer of this Tribunal if the appellant failed to obtain stay of operation of order passed by this Tribunal in case the appeal is pending before the Hon'ble High Court, the Tribunal can either adjourn or dismiss the appeal for non-compliance. 6. We have considered that the  stay order passed on 03.01.2011 and today is 17.06.2011, the appellant has failed to obtain any stay order from the Hon....