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The Appellate Tribunal CEGAT, Mumbai reduced the pre-deposit amount for Shri Mehta from Rs. 20 lakhs to Rs. 10 lakhs. The High Court disposed of the Writ Petition stating that proceedings against Shri Mehta would abate due to WIMCO's acceptance under the KVSS Rules. The Tribunal allowed Shri Mehta's appeal based on the High Court's order.
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