Friday 23 October 2015

On failing to provide sufficient reason for waiver of deposit fee, DRAT's order to deposit 50% fee w

RDDBFI Act : For ordering waiver or reduction of amount to be deposited under section 21 of RDB Act, sufficient/special reasons/necessary materials ought to be placed before Appellate Tribunal ; no such grounds having been made by petitioner, order of DRAT directing petitioner to deposit 50 per cent of amount due to bank was justified

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