Recovery proceeding should not be initiated till disposal of stay petition

Kerala State Co-Operative Agricultural and Rural Development Bank Ltd. Vs ITO (Kerala High Court) The petitioner, a Co-Operative Society registered under the Kerala State Societies Act, questioned the Exts.P5 and P6 orders and Ext.P7 demand notice, before the 4th respondent. The petitioner has also filed a stay petition in the appeal. Ventilating its grievance that the authorities are taking coercive steps before the appellate authority could consider the stay petition, the petitioner has filed this writ petition. 2. Heard the learned counsel for the petitioner and the learned Government Plea...