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2002 (8) TMI 101 - CALCUTTA HIGH COURTAppeal To High Court, Application For Stay - It seems from the international wealth of Mr. Bajoria's clients that they might well be willing to put in a sufficient security and then have their appeal heard out. But some time has to be allowed in this regard to see whether the security would be furnished as a matter of course or the usual adversary system has to be followed in regard to the hearing out of the stay application before the hearing of the appeals. - With the above observations the appeal and the stay application are both released from our list, not to be treated as part-heard before us. - About the deposit of Rs. 20 crores, or the alternative procedure of immediate adversary battle, the parties are allowed a fortnight's time. There will be liberty to mention on both sides before the Bench then taking up tax matters.
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