TMI Blog2015 (1) TMI 595X X X X Extracts X X X X X X X X Extracts X X X X ..... Registration Certificate is still alive in favour of St. John CFS Park Pvt. Ltd. It is also noted that there is no order of the High Court for amalgamation or the withdrawal of the demerger proposal of the applicant-company with the other company. It is seen from the records that the applicant filed applications dated 21.01.2014 and 15.04.2014 before the Tribunal requesting for time to produce th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pplicant was directed to make a predeposit of ₹ 20,00,000/- within a period of six weeks and to report compliance on 02.08.2013. The applicant filed an application for extension of time for compliance of the stay order. By Misc. Order No.41929/2013, dated 02.08.2013, the Tribunal allowed extension for a further period for six weeks and to report compliance of the stay order on 26.09.2013. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... round that the applicant-company [M/s. St. John CFS Park Pvt. Ltd.] was formed on a demerger of M/s. St. John Freight System Ltd. and subsequently the said proposal was withdrawn and the Hon'ble High Court also accepted to that effect by its order dated 08.06.2011. The applicant obtained separate Service Tax registration independently. He further submits that the deposit made by M/s. St. John ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al requesting for time to produce the order the High Court. It is further seen from the records that thereafter the applicant-company was given several opportunities to produce the requisite order from the High Court with regard to the amalgamation of both companies. But no order of the Hon'ble High Court was placed. Hence, the deposit made by M/s. St. John Freight System Ltd. cannot be accept ..... X X X X Extracts X X X X X X X X Extracts X X X X
|