Stay of Demand automatically expires within Period of 6 Months unless Extension is granted for Good Reason

Advertisement Asian Resurfacing of Road Agency Pvt. Ltd. Vs CBI (Supreme Court) The issue under consideration is whether the stay of demand granted for 6 months can automatically extend beyond 6 months without any order? Supreme Court states that, they must remind the Magistrates all over the country that in our pyramidical structure under the Constitution of India, the Supreme Court is at the Apex, and the High Courts, though not subordinate administratively, are certainly subordinate judicially. SC expect that the Magistrates all over the country will follow our order in letter and spirit...