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2016 (11) TMI 615 - ORISSA HIGH COURTPre-deposit - Held that: - Considering the financial stringency being faced by the petitioner and the fact that an amount of ₹ 3,60,000/- has been offered by way of security, which on maturity would amount to more than ₹ 5,00,000/- as claimed by the petitioner’s counsel, we are of the considered view that no deposit need be made by the petitioner and it is a fit case where direction for deletion of the requirement of pre-deposit would support in the ends of justice. Accordingly, we so direct. The writ application is disposed of with direction to the Tribunal to consider the Appeal on its own merit without insisting on any further pre-deposit and take up the matter for early disposal preferably, within a period of six months from today - petition disposed off.
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