2013 (11) TMI 633

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....nvolved in these stay applications and therefore all the applications are taken up together. The learned counsel, on behalf of the applicant, submits that the applicant acted as a broker in the transfer of DEPB licences to M/s. Yentop. It has been alleged that the applicant transferred the fake DEPB licences and therefore the original authority imposed a penalty of Rs. 8 lakhs in each case. He als....