2014 (2) TMI 333

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....tice G. Raghuram: By the order dated 27.11.2012, the petitioner/appellant was directed to deposit Rs. 2,00,00,000/- (set out in Sl. No.1 in table of the order) in five equal monthly installments of Rs. 40,00,000/- each, the first installment to commence on 10.01.2013; Rs.56 lakhs was directed to be remitted in two equal monthly installments of Rs. 28,00,000/- each to begin from 20.12.2012, and ....

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....nstallment of Rs. 40 lakhs by 24.04.2013 (instead of 10.04.2013) and the final component of Rs. 40 lakhs by 10.05.2013. In default of deposit of any of the installments, as now directed, the stay granted on 27.11.2011, as modified by this order shall stand dissolved forthwith on occurrence of the default without further reference to this Tribunal. Ld. Counsel for the Petitioner appellant is presen....