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2008 (2) TMI 76

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..... ces” u/s 65(10) - appellants are not any non-banking financial company and, therefore, applying ejusdem generis principle, they are prima facie not covered by expression “body corporate” - waiver of pre-deposit and stay of recovery granted - S/283/2007 - 132/2008 - Dated:- 12-2-2008 - Shri P. C. Chacko, Member (J) [Order] -1. After examining the records and hearing both sides, I note tha .....

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..... Board as also orders of the Tribunal. In this connection, ld. consultant has relied on the following stay orders: (1) Pepsico India Holdings Pvt. Ltd. v. CCE, Pondicherry - 2007 (6) S.T.R. 266 (Tri.-Chennai) (2) National Oxygen Ltd. v. CCE, Pondicherry - 2007 (7) S.T.R. 536 (Tri.-Chennai) I have heard ld. DR also, who reiterates the findings of the lower authorities. .....

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