The present stay application has been moved by the applicant seeking extension of stay against the recovery of outstanding demand
of Rs.1,54,14,825/-.

2. The hearing was conducted through video conferencing. At the time of hearing, the Ld. AR for the applicant has requested to seek
permission to withdraw the captioned stay application, for which Ld. DR for the Revenue has not objected. Accordingly, the prayer of

applicant is granted. Thus, the stay application of applicant is dismissed as ‘withdrawn’.

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