Home Case Index All Cases Central Excise Central Excise + HC Central Excise - 2008 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (7) TMI 413 - HC - Central ExciseStay/Dispensation of pre-deposit - Sick unit - Held that:- In the background of the facts and findings recorded by the Tribunal, it is apparent that the Tribunal has correctly addressed itself to the issue of financial hardship as well as the fact that the petitioner has been declared a sick industrial unit by the BIFR and has therefore, directed pre-deposit of only about 50% of the duty demand. In the circumstances, the contention advanced by the learned Counsel for the petitioner that the Tribunal has not addressed itself to the issue of the petitioner having been declared as a sick industrial unit by the BIFR does not merit acceptance. Thus no infirmity in the order of the Tribunal so as to warrant any intervention by this Court.
|