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2012 (9) TMI 513 - KERALA HIGH COURTPenalty u/s 271(D) - Difference of opinion between the members of Tribunal on stay application - notice demanding payment of the penalty and threatening of coercive action in the event of default issued - Held that:- As a case of stay is pending before tribunal it shall expeditiously hear and pass orders on stay and in the meantime subject to the petitioner remitting an amount of Rs.15,00,000/- towards penalty within three weeks from today, further proceedings pursuant to Ext.P6 notice will be kept in abeyance.
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