Stay application cannot be rejected without giving reason for the same

HIGH COURT OF BOMBAY Balaji Universal Tradelink (P.) Ltd. versus Union of India WRIT PETITION (LODG.) NO. 1424 OF 2012 JUNE 22, 2012 JUDGMENT M.S. Sanklecha, J. – Rule. At the instance and request of the advocates for the petitioner and the respondents the Rule is made returnable forthwith and the petition is heard finally. 2. This petition under Article 226 of the Constitution of India challenges the order dated 11.05.2012 passed by the Commissioner of Income Tax (Appeals) [hereinafter referred to as the CIT(A)] on a stay application filed by the petitioners in pending ...