2001 (7) TMI 551 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai modified a stay order due to lack of evidence supporting financial hardship. The applicant failed to provide sufficient evidence of financial hardship beyond Profit & Loss Accounts. The Tribunal ordered a deposit of Rs. 5 lakhs within a month, with dismissal of the appeal if not complied, and hearing on merits if the deposit is made.