2020 (3) TMI 1399

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..... fficer has granted a conditional order of stay directing the petitioner to deposit 20% of the demanded amount up to 10.02.2020. Petitioner attempted to raise certain points on merits of the matter, but we do not deem it to be appropriate as it could be the matter of arguments pending appeals. The reasoning assigned in the impugned order imposing the condition of 20% apparently appears to be cor .....

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..... ertain points on merits of the matter, but I do not deem it to be appropriate as it could be the matter of arguments pending appeals. The reasoning assigned in the impugned order imposing the condition of 20% apparently appears to be correct. Without expressing any opinion on the merits and with a rider that any observation of this Court will not be construed as an expression of opinion in the pen .....

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