1987 (5) TMI 38 - HC - Central Excise

Stay granted by Tribunal subject to partial cash deposit and furnishing of bank guarantee for balance

Summary

The High Court quashed the Tribunal's order and directed a fresh hearing on the stay application, emphasizing the need to address the time-barred demand plea. The Court allowed parties to submit relevant decisions and bear their own costs. (Case Citation: 1987 (5) TMI 38 - HIGH COURT OF JUDICATURE AT ALLAHABAD)