1998 (5) TMI 81 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi directed the appellants to deposit Rs. 20 lakhs in cash and furnish a bank guarantee for another Rs. 20 lakhs. The appellants failed to comply with the terms of the stay order issued in 1993. The Tribunal ordered a notice to be issued to the appellants for non-compliance with Section 35F of the Central Excise Act, 1944, with a deadline of 8-6-1998 for compliance. Failure to comply would result in dismissal of the appeal.