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2008 (2) TMI 688

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..... K. Sambi Reddy, JDR, for the Respondent. [Order per : S.L. Peeran Member (J)]. In this matter, total duty involved is Rs. 34,36,476/- besides separate penalty. The said matter was heard on 10th March, 2006 and after hearing the matter for some time, directions were given to the Revenue not to proceed to recover the amount. There was further direction to call for a report from the Commiss .....

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..... ent. The matter was adjourned to 27-7-2007. Again on that date, after hearing for some time, the Tribunal directed both the sides to examine the matter in the light of the Companies Act on the question as to whether sale of shares to M/s. Mantra Broadband Pvt. Ltd. will amount to sale of the Company? The matter was adjourned to 6-9-2006. The matter had come up on 6-9-2006 and it was adjourned to 7 .....

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..... d last chance for 5-11-2007. Again the matter was adjourned to 10-12-2007 at the behest of Revenue. On 10-12-2007, the Advocate appeared for the Revenue and the matter was heard for a long time and the learned Counsel completed his arguments. The learned Central Government Advocate prayed for adjournment to get copy of Bond executed by M/s. Mantra Broadband Pvt. Ltd. The matter was adjourned for t .....

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..... Representative attached to the Tribunal and one or the other of them will be on leave. There is no proper assistance to the Bench from the Revenue despite several requests made by this Bench. The DR submits that the Joint CDR met with an accident and is on leave. We had impressed upon the CDR to post enough DRs to the Tribunal so that adjournment should be avoided and work of the Tribunal can go o .....

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