2019 (5) TMI 243

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..... s, the same is attributable to the incapacity of the appellant to make payment of pre-deposit. Not condoning the delay would further increase the plight to the appellants as they loss business and market reputation and there could be merit in their appeals that would ensure justice to them. The prejudice to the OP may be to the extent of financial loss which can well be mitigated by way of cost. .....

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..... its manager against penalty imposed on them to the tune of ₹ 7,00,000/- on each of the directors, 15,00,000/- on manager and 10,00,000/- on the Company respectively. As they lost business after being penalised and the purchaser refused to purchase gold from them despite the fact that all dues of the Customs department had been cleared. 2. Learned Counsel for the appellant pra .....

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..... us approach, but in the latter case where the delay is of few days, no such consideration may arise, and such a case deserves a liberal approach. Hon ble Supreme Court also observed that the exercise of discretion on the facts of each case, keeping in mind that in construing the expression sufficient cause , the principle of advancing substantial justice is of prime importance. 5. .....

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