2013 (5) TMI 1000

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..... ed 11.12.2009 passed by the appellate Tribunal whereby the petitioner was directed to deposit ₹ 10 Lacs. Learned counsel for the petitioner submits that liability before the appellate Tribunal is amounting to ₹ 69 Lacs approximately. It is submitted that since the industry is closed and declared seek and registered before the BIFR, therefore, petitioner has not deposited any amount. .....

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