1999 (4) TMI 257

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Shri K.M. Patwari, JDR, for the Respondent. [Order per : Gowri Shankar, Member (T)]. Applications filed by M/s. Patheja Forging Auto Parts Manufacturers Ltd. and M/s. Patheja Brothers Forgings Stamping Ltd., two assessees and its directors. The amounts demanded as duty and penalty are at annexure. 2. The common advocate for all the applicants says that he wishes to confine his argu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s to whether both the units are functioning as of the date, he says that both the companies are working with limited staff available in-house with whatever material is available . No specific arguments made with regard to any of the other applicants than the two assessees. The letter of the assessee to the BIFR had not been produced. The departmental representative contends that evidence is insuf .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... iate. 4. The position is even less satisfactory in this regard with respect to other assessee. What has been produced is what is stated to be a provisional balance sheet, although it shows loss indicated as above. There is not even an application made to the BIFR. We are unable to come to any definite conclusion. The bank statement as of date is unauthenticated. 5. As far as the directors are .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ores Paramjeetsingh Patheja E/Stay-1722/98-Bom E/2522/98-Bom E/Stay-1741/98-Bom E/2556/98-Bom 5 lakhs 5 lakhs Gurvindersingh Patheja E/Stay-1723/98-Bom E/2523/98-Bom E/Stay-1739/98-Bom E/2554/98-Bom 50,000/- 50,000/- Mansingh Patheja E/Stay-1725/98-Bom E/2525/98-Bom E/Stay-17240/98-B .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2524/98-Bom 4.1826 crores 4.1826 crores Paramjeetsingh Patheja E/Stay-1722/98-Bom E/2522/98-Bom E/Stay-1741/98-Bom E/2556/98-Bom 10 lakhs 10 lakhs Gurvindersingh Patheja E/Stay-1723/98-Bom E/2523/98-Bom E/Stay-1739/98-Bom E/2554/98-Bom 1 lakhs 1 lakhs Mansingh Patheja E/Stay .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X