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F: interest payable
F: GST on Sale of Business Assets
Income Tax Department conducts searches in Madhya Pradesh
A: CONTROLLED DELIVERY (CUSTOMS) REGULATIONS, 2022
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Government releases two instalments of tax devolution to State Governm...
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Edited Transcript of Reserve Bank of India’s Monetary Policy Press Con...
The world sees India as an engine of economic growth: Shri Piyush Goyal
H: Issuance of separate SCN with respect to same search and seizure opera...
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Indian Laws - Highlights / Catch Notes

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Indian Laws - Requirement of pre-deposit - Direction to deposit 75% of...

Indian Laws

Requirement of pre-deposit - Direction to deposit 75% of the awarded amount in terms of Section 19 of Micro, Small and Medium Enterprises Development Act, 2006 - Considering the language used in Section 19 of the MSME Act, 2006 and the object and purpose of providing deposit of 75% of the awarded amount as a pre-deposit while preferring the application/appeal for setting aside the award, it has to be held that the requirement of deposit of 75% of the awarded amount as a predeposit is mandatory. - SC

 

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