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2014 (3) TMI 752

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....espondent : Shri Ahibaran Additional Commissioner JUDGEMENT Per: P R Chandrasekharan: A miscellaneous application has been filed by the appellant M/s Bhushan Steel Ltd. on the ground that in spite of the stay order passed by this Tribunal vide Order no. S/496/11/EB/C-II dated 20.06.2011, wherein stay was granted from pre-deposit of the interest and penalty considering the payment of duty made b....

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....nder the Act for grant of stay for a particular period, for any administrative reasons, the appeals are not finally disposed of, the Tribunals are empowered to extend the period of stay on good cause and only on satisfaction that matter could not be heard and disposed of by reasons of fault of Tribunal and for reasons not attributable to the assessee. In the present case, there are more than 20,00....