2014 (4) TMI 84

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..... ate Shri Sudhir Malhotra, mentions a matter in stay Petition No. E/S/1878-79/2012-Ex. in Appeal No. E/1464-65/2012-Ex. in respect of stay petition and appeal filed by M/s Shiva Texfabs Ltd. The stay petition in the said matter was heard by the Tribunal on 22.11.2012 and the orders were reserved. Thereafter the orders could not be passed as the Hon'ble President Shri Ajit Bharihoke relinquished the .....

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..... tay petition. It is well settled law that till the stay petition is disposed of, no coercive action should be taken against the applicant. We are also informed by the ld. Advocate that an amount of Rs.3.06 croes already stands deposited by them as the same has been appropriated from the rebate claim filed by the appellant. 4. In view of the foregoing, we grant interim stay against recovery of due .....

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