Stay of demand by the Appellate Tribunal

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Full Text of the Document

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....ees. (2) The Appellate Tribunal may, after giving both the parties to the appeal an opportunity of being heard, pass such orders on stay application as it deems fit. (3) The Appellate Tribunal shall not grant stay under sub-section (2) for a period of more than one hundred and eighty days from the date of passing the order for stay. (4) The Appellate Tribunal may extend the period of stay al....