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2005 (5) TMI 339 - SUPREME COURTDecree passed by the Debts Recovery Tribunal (DRT) directing the appeal being entertained for hearing subject to deposit of 30 per cent of Rs. 23,42,91,487 within eight weeks from the date of the order - Held that:- The appellant shall appear before the Debts Recovery Appellate Tribunal within four weeks from today and having made the compliance, as aforesaid, satisfy the Debts Recovery Appellate Tribunal that the amount, as directed by it, in its order dated 27-2-2004, has been deposited. The delay, if any, in making the deposit shall stand condoned. If the Debts Recovery Appellate Tribunal feels satisfied that 30 per cent of the amount, as directed by it, stands deposited then the appeal shall be entertained and heard on merits. If the amount so deposited, as stated hereinabove, does not amount to 30 per cent as directed by the Debts Recovery Appellate Tribunal then the appeal filed before it shall stand dismissed.
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