2015 (8) TMI 1232

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..... d inconvenience especially with the foreign buyers. Under these circumstances, the status-quo is to be maintained till the dispute is resolved by the Tribunal one way or the other. The proper course would be that the Tribunal shall hear the matter expeditiously, within three months from today. But till such time, the order passed by the Commissioner, shall not be given effect to - Stay granted. - .....

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..... hey decided to hear the matter finally and after directing the matter to be listed for final hearing on 6-5-2014, they declined to grant stay. If the Tribunal had heard the matter on 6-5-2014 and decided one way or the other, we would not have found fault with the order passed by the Tribunal. But unfortunately, due to heavy pendency of appeals, till today, the appeal is not taken up for hearing. .....

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