2003 (9) TMI 111

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..... tion for stay before the Customs, Excise and Gold (Control) Appellate Tribunal (CEGAT for short) and claimed total waiver of pre-deposit for hearing of the appeal. However, the learned Member of the Appellate Tribunal passed on order on 27-2-2002 directing the petitioner to deposit Rs. 60 lakhs as pre-deposit for hearing of the appeal. The petitioner moved an application for modification of this o .....

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..... eme Court delivered in the name of M/s. Pushpa Silk Mills Pvt. Ltd. and Anr. v. Commissioner of Central Excise Customs Ors. [Special Leave to Appeal (C) No. 11040/2003], decided on 8-8-2003 [2004 (165) E.L.T. A122 (S.C.)], who is petitioner in this application also, therein the petitioner had challenged the order of pre-deposit before the Tribunal and for hearing the case on merit. The learned .....

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..... account of financial crisis had not deposited this amount within the specified time granted by the High Court earlier on 29-7-2002. 2. Having heard the Counsel for the petitioner we deem it appropriate in the light of the order of the Supreme Court to grant liberty to the applicant to approach the Tribunal (CEGAT) for extension of time to deposit Rs. 35 lacs before the appeal is restored to be h .....

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