TMI Blog2003 (4) TMI 111X X X X Extracts X X X X X X X X Extracts X X X X ..... he Sick Industries Act'), the appellant need not deposit the amount - Held that:- contention of the learned Counsel cannot be accepted for reasons more than one. First, this aspect was not the subject matter of the order under challenge and, secondly, Section 22 of the Sick Industries Act, provides relief in regard to the proceedings which relate to (a) winding up of the industrial company; (b) ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , West Regional Bench at Mumbai (for short 'the Tribunal'), in Appeal No. E/789-RV/95-Bom., dated December 23, 1996. 2. The Tribunal dismissed the appeal on the ground that the amount which was required to be deposited under Section 35F of the Central Excise Tax Act, 1944 was not deposited within the period allowed by the Tribunal. 3. Mr. Rana Mukherjee, the learned Counsel for the appellants, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... overy of money or for the enforcement of any security against the industrial company or of any guarantee in respect of any loans or advance granted to the industrial company. Payment of pre-deposit covered under Section 35F of the Central Excise Tax Act, 1944 does not fall under any of the above-mentioned categories in Section 22 of the Sick Industries Act. 4. We find no merit in the appeal. It ..... X X X X Extracts X X X X X X X X Extracts X X X X
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