Stay Application Against Trust Registration Cancellation Rejected: Irreparable Loss Not Proven, ITAT Delhi

Legal Initiative For Forest And Environment (LIFE Trust) Vs PCIT (ITAT Delhi) ITAT Delhi held that stay application, against order cancelling registration of the Legal Initiative for Forest and Environment Trust, rejected as test of irreparable loss not satisfied. Facts- The Legal Initiative for Forest and Environment’ Trust (LIFE) was formed on 20th May, 2008. It was stated by the assessee to the PCIT during the cancellation proceedings initiated by him that it was formed with the main objective of serving environmental issues like bringing transparency and accountability in the environ...