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2014 (1) TMI 1743 - AT - Central ExciseWaiver of pre-deposit - Demand of duty - formation of different units and operating with the common object or contributory factors - Held that:- taking into consideration the financial difficulties, we do appreciate that the appellant may be deprived of process of hearing if undue hardship is cause to them. But no merit found in the plea of financial hardship because the interest of Revenue on the other-hand shall suffer if there is no direction for pre-deposit. Not only we appreciate that there shall be no hardship to the appellants by our interim order but also no undue hardship is expected to be caused to appellant. Public interest demands direction for pre-deposit is essential to safeguard interest of justice without causing irreparable injury to either side. Therefore, the appellant is directed to deposit ₹ 50,00,000/- (Rupees fifty lakhs) in 10 equal monthly instalments of 5 Lakhs each to be payable by 25th of each month and first instalment shall commence from February, 2014. So far as stay application of Shri Ashok Kumar is concerned, we direct that the said appellant shall deposit ₹ 5,00,000/- in 3 instalments of ₹ 2,00,000/- each by 25th February and 25th March. The cost instalment of ₹ 1,00,000/- is to be deposited 25th April.
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