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2015 (9) TMI 298 - HC - Central ExciseWaiver of pre deposit - Financial crisis - Held that:- the materials on record, the statements of the parties, the affidavit placed on record together with copies of the ITR, balance sheets and the statement of affairs clearly indicate that the appellant is in acute financial crisis and would not be able to pay any amount. In these peculiar circumstances, the requirement of depositing any pre-deposit amount is hereby set aside - stay granted.
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