Under Section 18 of the SARFAESI Act, the amount to be deposited for appeal can be reduced to a minimum of …….
Section 18 - Appeal to Appellate Tribunal—(1) Any person aggrieved, by any order made by the Debts Recovery Tribunal under section 17, may prefer an appeal along with such fee, as may be prescribed to the Appellate Tribunal within thirty days from the date of receipt of the order of Debts Recovery Tribunal. Provided that different fees may be prescribed for filing an appeal by the borrower or by the person other than the borrower Provided further that no appeal shall be entertained unless the borrower has deposited with the Appellate Tribunal fifty per cent. of the amount of debt due from him, as claimed by the secured creditors or determined by the Debts Recovery Tribunal, whichever is less: Provided also that the Appellate Tribunal may, for the reasons to be recorded in writing, reduce the amount to not less than twenty-five per cent. of debt referred to in the second proviso.
Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R):
Assertion (A): Peach and Nectarine requ...
Cotton variety bollgourd is resistant to
Urea contains:
Irrigation requirement of 90 days duration maize variety is 50 cm. How much area can be irrigated with a flow rate of 20 litre per second for 8 hours in...
Water requirement is equal to
What is a common emission from combustion engines used in transportation?
The principal photosynthetic pigment in blue-green algae is
Which plant growth regulator is commercially used in grapes for berry elongation?
What causes puffy fruit in tomatoes ?
Fair and remunerative price (FRP) is the minimum price at which rate sugarcane is to be purchased by sugar mills from farmers. The current FRP for the s...