2015 (3) TMI 1238

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..... K. Mohanty, Member (Judicial) Shri Syed Mehdi Imam, Advocate for the appellant. Shri Ranjan Khanna, DR for the respondent. JUDGEMENT Per Rakesh Kumar: The Tribunal vide Stay Order No.54449-54451/2014 dated 28.11.2014 had directed the main appellant, M/s. Diamond Plaster Limited to deposit an amount of Rs. 60 lakhs within a period of 12 weeks and the compliance was to be reported on 9th Marc .....

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..... njan Khanna opposes the application for granting any further time for modification of the stay order. 5. We have considered the submissions from both the sides and perused the records. 6. We are of the view that when initially, 12 weeks period has been granted and subsequently on the appellant's request, the same was extended by another two weeks, there is no justification for granting any furth .....

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