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2017 (3) TMI 1637 - KARNATAKA HIGH COURTExtension of stay - condition on the petitioner to pay an amount of ₹ 15 Crores to the Income Tax department for the assessment year 2011-2012, while extending the stay order for a period of 180 days or till the disposal of the appeals whichever is earlier - Held that:- A perusal of the interim order clearly reveals that the appeals have not been decided for no fault of the petitioner. The appeal is not being concluded as one or the other member has left the Tribunal. Since, the fault does not lie on the part of the petitioner, for the non-conclusion of the appeals, since the circumstances have not changed, prima-facie the learned Tribunal is not justified in imposing the condition that the petitioner should deposit ₹ 15 Crores for the assessment year 2011-2012. Therefore, this Court stays the imposition of the said condition.
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