cveja said:
why would anyone want to continue with the PR process if sponsorship is denied?!
Or am I missing something?!
Continuing preserves your appeal rights, but it is only really reasonable to continue if 1. you know from the beginning you will not be approved as a sponsor, and 2. you have good reasons to believe you will be able to win on appeal - these would be humanitarian and compassionate reasons, with the best interests of a child being the best example.
For most cases, I believe choosing to end the sponsorship and get most of the money back is the best choice. Because the most likely reason is you made some mistake in the application. Or there is some fixable problem. So it is better to get your application back quickly, fix the mistake or do your best to solve the problem, and then reapply. You will then only have lost a few months; if you choose to continue with the application even if ineligible to sponsor, it will take a year or more in most cases to go through processing, the PR app will be rejected, and then you'll have to wait a year or more for the appeal. Which may also be a lost cause.
If you choose to not continue with the processing if the sponsor is found ineligible, you lose your appeal rights in one sense. But having chosen that option, if the sponsor is found eligible to sponsor, but the PR is later refused, you still have the right to appeal that refusal.