Court Orders New Stay Applications for Tax Recovery, Citing 'Trinity' Principles and Madras HC Guidelines in Queen Agencies, Kannammal Cases.

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....Stay of recovery of demand - application of 'Trinity' principles - first respondent is directed to pass fresh orders in the stay applications filed, keeping in mind the 'Trinity' principles laid down by this Court in the case of Queen Agencies and in the case of Kannammal. [2021 (4) TMI 609 - MADRAS HIGH COURT] - HC....