2015 (11) TMI 722

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..... n the present case, we note that the appellant had filed a modification application and during the said period of two years, the application was pending disposal. In these circumstances, the appellant’s non-action of deposit of directed amount, expecting a favourable reasoned order on the modification application, seems to be a reasonable plea for non-deposit. - Appeal restored. - ST/MISC/27818/2 .....

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..... A appearing for the appellant submits that on 19/08/2013 itself, they have filed an application for modification of the stay order. The said application was never listed and as such it was not disposed of. In these circumstances, they did not deposit the amount in question. However he submits that the modification application is now infructuous inasmuch as the appellant has now deposited the direc .....

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