2011 (12) TMI 652

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.....1-3) Sri Chozan, Advocate (Sl.No.4) For the Appellant/s Ms.Indira Sisupal, JDR For the Respondent/s Per P.G. Chacko We had directed the appellants to pre-deposit 25% of the penalty imposed on them, which totally amounted to ₹ 22,70,000/-. Instead of making pre-deposit, the appellants challenged the stay order (No.249-343/2011 dt. 14.2.2011) of the Tribunal before the Hon'ble High Court i....

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....n'ble High Court and that a miscellaneous petition has also been filed with the Hon'ble High Court praying for waiver of pre-deposit of the balance amount. It is prayed that the present matters be kept in abeyance till the said miscellaneous petitions are disposed of by the Hon'ble High Court. Ld. counsel has also filed a copy of the challan covering payment of ₹ 11,35,000/- dt. 1.10.2011. ....