1996 (5) TMI 92 - HC - Central Excise

Summary

The High Court of Judicature at Allahabad heard a writ petition regarding a rejected stay/waiver application in connection with a second appeal. The court directed the respondent to accept a surety bond as security instead of cash deposit and bank guarantee. The court clarified that a security bond includes a surety bond. The writ petition was disposed of with the direction to accept the surety bond as security.