1993 (9) TMI 117

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..... er to deposit a sum of Rs. 7,00,000/- on or before 31-5-1993 as a condition for staying the demand for payment of penalty. That amount has been paid though after getting an order of extension. The Writ Petition itself is directed against the order relating to waiver of pre-deposit in the appeal filed by the petitioner. The Tribunal has very carefully and judiciously considered all the aspects of t .....

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..... balance. The appeal is said to be posted for hearing on 20-9-1993. Having regard to all the circumstances, I am of the opinion that the appeal itself can be taken up for final disposal and disposed of one way or the other, so that the petitioner will know where he stands. In this view of the matter, I modify the order of the Tribunal dated 5-3-1993 and instead of Rs. 20 lakhs directed by them, I d .....

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