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2014 (6) TMI 950

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..... no compliance report on the record, the appeal is dismissed for non-compliance of stay order dated 12.6.2012 passed by the Tribunal as well as the Hon’ble High Court’s order dated 21.4.2014. - Decided against the appellant - C/16/2012 - Final Order No. 40357/2014 - Dated:- 27-6-2014 - Shri P.K. Das, Judicial Member and Shri R. Periasami, Technical Member Ms. Indira Sisupal, AC (AR) for th .....

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..... lant is that the first respondent, having agreed before the CESTAT to make a predeposit of ₹ 1.00 crore and sought eight weeks time to pay the same, apart from furnishing bank guarantee for a sum of ₹ 1.8 crores, which will be kept alive till the disposal of the appeal, is not justified in challenging the order of the CESTAT, on the ground that the undertaking given by the counsel is b .....

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..... Hence, the first respondent is given eight weeks time from today to deposit a sum of ₹ 1.00 crore. The writ appeal is disposed of accordingly. No costs. Consequently, M.P. No. 1 of 2012 is closed. 3. Today, nobody turned up on behalf of the appellant. There is no compliance report on the record. In view of that the appeal is dismissed for non-compliance of the stay order dated 12.6.2012 .....

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