1992 (4) TMI 45

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....e is heard on the question of admission. Admit. 2. Shri Neema, learned Standing Counsel for the Union of India was present yesterday and was requested to take a copy of this petition and make his submissions. Accordingly, he had made his submissions purely confining to the question of law on the matter of grant of injunction. 3. By this petition under Article 226 of the Constitution of In....

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....ting and for which declarations have been made and have been held and treated to be input eligible for Modvat credit by the same appellate authority-respondent No. 2. The other Item Co2 gas on which Modvat credit has been denied has similarly been treated to be an item on which Modvat credit has been granted as per Annexure-F. 6. If these two items are taken into consideration, the only other f....

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....uch matters is existence of a prima facie case in favour of party claiming injunction. Admittedly there are similar orders staying recovery proceedings during pendency of appeal passed by the same appellate authority and they have been placed on record. The mere fact that the amount involved in the present appeal is rather large would not by itself alter or modify the principle of grant of injunct....