TMI BlogRequirement of pre-deposit - consideration of merit of the matter while making interim order - It can be...Requirement of pre-deposit - consideration of merit of the matter while making interim order - It can be concluded that the prima facie merits of the case are an important factor to be taken into account at the stage of deciding a stay application. The first proviso of Section 76(4) of the Act gives the discretion to the Appellate Tribunal to dispense with the requirement of a pre-deposit. The provision is widely worded and does not put any fetter or constraint on the Tribunal. The prima facie v..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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