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2010 (3) TMI 428 - AT - Central ExciseStay of Order- Appellant had leased out the factory to M/s. Bhavay Apparels Pvt. Ltd, against whom the department has made out a case for payment of Rs. 35,94,63,666/- on the ground that export obligation was not discharged. Since M/s. Bhavay Apparels Pvt. Ltd has not paid the dues, factory premises has been attached for recovery of the same. Lower authorities have passed the order holding that department has power to attach the factory. Held that- amount involved more than Rs. 35 crores. Attachment of property. Submission that property lying idle for last 5 years, neither beneficial to appellant nor to the department fact that amount involved more than Rs. 35 crore, fit case for granting early hearing. Application allowed.
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