2002 (2) TMI 992

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Murthy, JDR, for the Respondent. [Order per : G.A. Brahma Deva, Member (J) (Oral)]. This is a stay application filed by the applicant for the waiver of pre-deposit amounting to Rs. 1,10,45,319/- and equivalent penalty under Section 11AC in addition to penalty of Rs. 5,00,000/- under Section 173Q of the Central Excise Rules and stay of the recovery proceedings. 2. Shri Rajesh Chandra K .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ir own sister concern. He submits that an issue had come up for consideration before the Tribunal in respect of sister concern and the Tribunal on considering the pleas made by both sides with reference to the facts granted unconditional stay as per Order No. 805/2000, dated 15-9-2000 in Stay No. E/st/459/2000 in Appeal No. E/908/2000. 3. Shri Narasimha Murthy, appearing for Revenue fairly conce .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X