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1989 (9) TMI 108

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....ppellate Tribunal, Madras, ordering stay on deposit of Rs. 50,000/- against the demand. According to Counsel, petitioner is in financial difficulties and he is not in a position to make the pre-deposit. Insistence on pre-deposit would make the appellate remedy illusory, submits counsel. The question for consideration is whether the Appellate Tribunal has exercised its discretion properly with refe....