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1993 (1) TMI 145

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..... G.P. Agarwal, Member (J)]. This is an unusual application in an unusual circumstances created by the Collector concerned. 2. Vide Stay Order No. 204/92-C, dated 19-8-1992 the appellants were directed to deposit Rs. 8,33,495.90 and also to furnish the security (not Bank Guarantee) for the balance amount of duty to the satisfaction of the Collector of Central Excise, Vadodara. In the present .....

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..... dated 19-10-1992 at your earliest. 3. He submitted that the Collector should have accepted the Bank Guarantee. In reply Shri Bhatia, learned Jt. CDR with his usual fairness submitted that in the circumstances the Collector ought to have accepted the Bank Guarantee. 4. Considered, from the stay order the appellants were directed to furnish the security for the balance amount of duty and mentio .....

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