TMI Blog1993 (4) TMI 82X X X X Extracts X X X X X X X X Extracts X X X X ..... lenged. In an earlier petition No. 749/92, dated on 28-4-1992 this court had directed that if the petitioner files an application seeking stay before the Tribunal then the Tribunal shall reconsider its earlier order and pass an appropriate order in the facts and circumstances of the case. An application was accordingly made and the CEGAT has disposed it of by the impugned order. Admittedly the app ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nts before it were a profit making company the case was not that of financial hardship. Even so the CEGAT has directed the applicants to deposit a sum of Rs. 10,00,000/- as the deposit as a condition for entertainment of the appeal instead of depositing the full amount which is about 22,00,000/-. We find no reason to interfere with this order. Shri Bhat further submitted alternatively that since i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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