9911796707
TMI Blog2013 (11) TMI 290X X X X Extracts X X X X X X X X Extracts X X X X ..... rom which appellant can definitely spare some amount towards the pre-deposit - Keeping the financial hardships in mind, also keeping in mind that the appellant has complied to the extent of 50% of our stay order, it would be fit to reduce the pre-deposit ordered by us from Rs.10 crores to Rs.6.50 crores – upon such submission rest of the duty to be waived till the disposal – Partial stay granted. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the balance sheet for the year ended 31.03.13 and takes us through the statement of profit and loss account and submits that there is a loss of Rs.150.87 crores. He submits that having deposited and complied with 50% of the Tribunals order of pre-deposit, the stay order may be modified accordingly and the balance amount be waived. 3. Ld. D.R. on the other hand submits that the appellant has r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t time. Be that as it may, we find that the appellant is making a loss, but has revenue operations going on, from which appellant can definitely spare some amount towards the pre-deposit. Keeping the financial hardships in mind, also keeping in mind that the appellant has complied to the extent of 50% of our stay order, we deem it fit to reduce the pre-deposit ordered by us from Rs.10 crores to Rs ..... X X X X Extracts X X X X X X X X Extracts X X X X
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