IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. C.W.P. No. 1035 of 2008 DATE OF DECISION : 23.01.2008 Anil Kishore Khanna and another .... PETITIONERS Versus Union of India and others ..... RESPONDENTS CORAM :- HON'BLE MR. JUSTICE SATISH KUMAR MITTAL HON'BLE MR. JUSTICE RAKESH KUMAR GARG Present: Mr. Aman Kashyap, Advocate, for the petitioners. * * * SATISH KUMAR MITTAL, J. ( Oral ) The petitioners have filed this petition under Articles 226/227 of the Constitution of India for quashing the order dated 25.10.2007, passed by the Appellate Tribunal for Foreign Exchange, New Delhi (hereinafter referred to as `the Appellate Tribunal'), directing the petitioners to deposit 60% of the penalty amount in their respective appeals, while disposing of the application for dispensation of pre-deposit of penalty amount. After hearing counsel for the petitioners and going through the contents of the petition, where no sufficient material showing the financial position of the petitioners has been annexed, we are not inclined to interfere in the impugned order, which has been passed by the Appellate Tribunal in CWP No. 1035 of 2008 -2- exercise of its discretion. Dismissed. However, the time of 30 days granted by the Appellate Authority to the petitioners to deposit 60% of the penalty amount is further extended for 15 days from today and in case, the petitioners deposit the requisite amount as per the impugned order, within the extended period, the Appellate Tribunal is directed to decide the appeal within three months. ( SATISH KUMAR MITTAL ) JUDGE January 23, 2008 ( RAKESH KUMAR GARG ) ndj JUDGE