2010 (11) TMI 343

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..... - Heard counsel for the petitioners Sri Saurabh Yadav and Sri K.D. Nag for the respondents. 2. The petitioners have challenged the order of rejection of stay application by the Appellate Tribunal and have further prayed that till the disposal of the appeal, auction of the goods scheduled to take place, be stopped. 3. Sri K.D. Nag has raised a preliminary objection saying that the writ .....

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..... ing the stay application takes into consideration all the relevant facts and thereafter the aforesaid observation has been made. 6. If the Appellate Tribunal has considered all the aspects of the matter, while considering the stay application and exercised its discretion in not awarding the stay order, the High Court will not interfere under Article 226, unless it is established that such an .....

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