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2013 (12) TMI 936 - CESTAT NEW DELHIExtension of stay application - Penalty u/s 12(b) - Held that:- Tribunal has directed continuation of the stay order, in case of pendency of reference application before the Hon’ble High Court. As such, while taking into account the fact that the applicant has already deposited an amount of Rs. 5 lakh and reference application filed before the Hon’ble High Court stands admitted, we extended the Stay Order No. S/401/2001-NB (D), dated 22-8-2001 [2001 (8) TMI 766 - CEGAT, NEW DELHI] and hold that the same will continue to be in force till the final disposal of the reference application by the Hon’ble High Court - Stay extended.
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