1989 (12) TMI 52 - HC - Central Excise

Summary

The High Court admitted the appeal and set aside the Single Judge's order, allowing the appellants to give a bank guarantee of Rs. 5,12,000 in lieu of cash deposit. The bank guarantee must be provided by a specified date, and failure to do so may result in dismissal of the appeal before CEGAT. The writ petition was disposed of with parties bearing their own costs.