2013 (12) TMI 617

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..... gement, M/s. BPL Ltd. would ask their employees to resign, who would then join M/s. Sanyo BPL Pvt. Ltd. As some time was taken for the joint- venture to launch its business activities, M/s. BPL Ltd. continued to retain the employees and pay their salaries and wages though the employees were sitting idle. This “idle period” is from June to December, 2005. In order to compensate the loss arising out .....

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..... r Supply Agency Service for the period from June to December, 2005. The appellant viz. M/s. BPL Ltd. has formed a joint- venture with M/s. Sanyo Electric Company Ltd., Japan and this joint- venture is called M/s. Sanyo BPL Pvt. Ltd. Under this arrangement, M/s. BPL Ltd. would ask their employees to resign, who would then join M/s. Sanyo BPL Pvt. Ltd. As some time was taken for the joint- venture .....

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..... ant. We have heard the learned Additional Commissioner (AR) also who reiterates the finding of the adjudicating authority. After considering the submissions prima facie we have not found any ingredients of Manpower Recruitment or Supply Agency Service in the aforesaid transactions. Hence, there will be waiver of pre-deposit and stay of recovery in respect of the adjudged dues. (Pronounced di .....

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