2004 (2) TMI 584

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..... Order]. -  By Stay Order dated 16-12-2003, the appellants were directed to reverse the deemed Modvat credit of Rs. 5.13 lakhs in their CENVAT Account within 4 weeks and report compliance on 3-2-2004. Today, the appellants have moved through their Counsel an application for modification of the said order in the light of an interim order passed by the Hon'ble High Court of Punjab and Haryana i .....

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..... may be modified appropriately. The appellants have reiterated their plea of financial hardships in the present application. This plea is supported by the Balance Sheets for the last 3 financial years. On the strength of this evidence, Counsel prays for a period of 4 weeks for deposit of any amount which may be fixed in terms of the High Court's order. I have heard the DR also. 3. As the Hig .....

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