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2012 (11) TMI 867 - AT - Central ExciseRestoration of applications – Impact of order of BIFR on order of CESTAT directing to make pre-deposit - BIFR passed the order on reference under Section 15(1) of Sick Industrial Companies (Special Provisions) Act, 1985 – Held that:- BIFR is not an appellate authority - direction contained in the said order are beyond their jurisdiction and power - CESTAT is not bound to follow the same - deposit stands made by the appellants after a gap of five years - From the date of passing the stay order, no efforts made to deposit any amount or to make restoration application so as to keep their interest alive - no justifiable reasons to recall the order of the dismissal
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