Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Section 18 -- Appeal - Pre-deposit - DRAT directed appellant to deposit 40% of Rs.22.80 crore on account of pre-deposit - ARCIL applied for review and DRAT while allowing review petition directed appellant to deposit 30% of Rs.193.10 crore - However, rectified amount of..........
Narcotic Drugs and Psychotropic Substances Act, 1985, Section 18 -- Recovery of 200 grams of opium milk - Reduction of sentence - Appellant has been suffering agony of trial for last more than 19 years - He has already undergone custody of 2 months and 16 days out of total sentence of 2 years - Since there is no minimum punishment prescribed u/s 18 of the Act, it would be..........
Consumer Protection Act, 2019, Section 3, 5, 10, 18, 19, 20, 21, 22 -- Central Consumer Protection Council and Central Consumer Protection Authority - Judicial review - Council and Authority being statutory authorities having clear purpose and objects and vested with powers and functions must act effectively and in complete coordination to achieve preambular object of..........
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Section 18 -- Appeal - Pre-deposit - If any final order is passed by DRT, determining the liability of borrower or any other liability of any person, and an appeal is preferred u/s 18 of the Act to the appellate tribunal, provision of pre-deposit would come into play...........
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Section 18 -- Appeal - Pre-deposit - If any person which should also include a borrower is aggrieved by any order made by DRT u/s 17 of the Act, he may prefer an appeal subject to pre-deposit...........
Micro Small and Medium Enterprises Development Act, 2006, Section 18(3) -- Conciliation proceedings - Appellant failed to appear in proceedings for conciliation on very first date of appearance - As per S.18(3) of the Act, when conciliation fails and stand terminated, dispute between parties can be resolved by arbitration - Facilitation Council did not initiate arbitration..........
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Section 18 -- Appeal before Appellate Tribunal - Pre-deposit is required for entertaining an appeal before DRAT as mandated by S.18 of the Act - Guarantor or mortgagor who mortgage its property to secure repayment of loan, stands on same footing as a borrower and if he..........
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Section 18 -- Appeal - Total waiver of deposit amount by Tribunal - Appellate jurisdiction u/s 18(1) of the Act is circumscribed by condition to deposit 50% of debt amount, however, Tribunal has discretion to reduce it to not less than 25% of debt amount due - Total waiver..........
Limitation Act, 1963, Section 18 -- Acknowledgment - Income tax deducted at source on the accrued interest deposited by defendant - It is an acknowledgment of the amount payable...........
Civil Procedure Code, 1908, Order 20, Rule 18, Succession Act, 1925, Section 27(c) -- Partition suit - Grandfather of plaintiff and defendant executed Will by giving absolute right in suit property to defendant - Plea that father executed settlement deed in favour of his wife so that both plaintiff and defendant should enjoy suit property equally - Admittedly, father had..........
