2011 (3) TMI 786

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..... rears of the company the flat belonging to their father-in-law who was the erstwhile director of the company could not be attached. - Held that:- it would be just and proper to stay the operation of the order-in-original till the disposal of the appeals. The Tribunal is directed to hear the above Appeals on merits expeditiously. - It is made clear that during the pendency of the Appeal, attachment .....

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..... Pvt. Ltd. and not to Harish Chandra Gupta in whose name the share certificate in respect of the aforesaid plot stands. 3. The plot in question stands in the name of Harish Chandra Gupta, father-in-law of the appellants. When the plot in question was attached, the appellants contended that for recovering the tax arrears of the company the flat belonging to their father-in-law who was the erstwhil .....

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..... to the appellants. In this view of the matter, the question raised in these Appeals is answered by holding that the Tribunal was not justified in refusing to stay the order-in-original dated 11-8-2009. In our opinion, in the facts of the present case, it would be just and proper to stay the operation of the order-in-original till the disposal of the appeals. The Tribunal is directed to hear the a .....

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