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2014 (1) TMI 517

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....that this stay petition first came up for disposal on 26.9.12 and it was adjourned on request of the advocate on record to be heard on 22.10.12. On 22.10.12 there was no bench hence the matter got adjourned to 6.12.12. On that day when the matter was called out, there was a request for adjournment on behalf of the advocate on record which was considered and adjournment was granted to be listed on ....

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....e records and considering the submissions made by the ld. D.R., we find that the appellant was a director in the company named Shree Shakambari Silk Mills and in his statement which was recorded before the lower authorities admitted to the fact that they were clearing the goods to one of the firm M/s. Sana Textiles despite having the knowledge that the said M/s. Sana Textiles has no machinery to p....