2008 (8) TMI 275

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... buyers - Banking and other financial services –appellant submits that there is no contract/agreement between the applicant and the foreign bank and in fact they do not know identity of the foreign banks. Therefore, to presume that they are receiving services from the foreign bank may not be correct - prima facie, case in favour of appellant – stay granted - ST/476/2008 - ST/357/2008-(PB), - Date .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... now identity of the foreign banks. Therefore, to presume that they are receiving services from the foreign bank may not be correct. 3. We have carefully considered the submissions and are in agreement, prima facie, with the view expressed by the learned Advocate. Accordingly, we waive the pre-deposit of dues as per the impugned order and stay recovery thereof till disposal of appeal. (Pronou .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X