1991 (2) TMI 122

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....iled in support thereof and upon hearing the arguments of Mr. C. Natarajan, Advocate for the petitioner, and of Mr. K. Jayachandran, Additional Central Government Standing Counsel on behalf of the Respondents, the Court made the following order :- The writ petition is against the order of the Customs, Excise and Gold (Control) Appellate Tribunal, New Delhi in an application for stay and waiver of....

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.... the financial hardship. One is the certificate from the State Bank of India, Travancore and another is a certificate from the Auditors. According to the learned Counsel, the petitioners are running the factory on day-to-day basis on certain over-draft facilities afforded by the Bank. The Certificate of the State Bank of Travancore refers to the credit facilities enjoyed by the petitioner-company.....