2011 (11) TMI 209

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..... appellants nor is there any adjournment request.  2. In this case, vide Order No.S/382-383/WZB/AHD/2010, dt.6.5.10, pre-deposit of penalty of Rs.25,000/- (Rupees Twenty Five Thousands only) on the Director was waived subject to condition that the appellant company deposits 50% of the penalty within a period of two months. However, after depositing Rs.25,000/- (Rupees Twenty Five Thousands o .....

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..... 8/WZB/AHD/2011, dt.25.3.11. Thereafter, the appellant filed an application for restoration of appeal, stating that the appellant's financial position is extremely precarious, the sales have considerably dropped, the appellant's major customers are from Government Sector and their orders usually come after the month of October. It was submitted that with great difficulty, they could deposit Rs.25,0 .....

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..... ces of the case and taking note of the fact that the appellant company have deposited 50% of the penalty as directed in the order of this Tribunal towards pre-deposit though belatedly, I consider this is a fit case for restoration of appeal. Accordingly, application for restoration of appeal is allowed and the appeal shall come up for disposal in its turn. (Dictated & Pronounced in Court)
Cas .....

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