2014 (1) TMI 425

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.... JUDGEMENT Per. Archana Wadhwa :- Vide stay order No. 55338-55342/2013 dated 9/01/2013, appellant was directed to deposit an amount of Rs. 10,00,000/- and to give bank guarantee of Rs. 10,00,000/- within a period of six weeks from that date, as a condition of hearing of their appeals. While passing the said stay order, an earlier stay order of the Tribunal in the same appellants case involving ....

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....eous application stand filed by them for modification of the stay order. She submits that the appellant is going through poor financial position and, as such, is unable to deposit the amount, in question, or to give bank guarantee. She draws our attention to the balance sheet produced on record. 2. Countering the arguments, learned DR appearing for the Revenue submits that apart from the fact tha....