[30A. Deposit of amount of debt due for filing appeal against orders of the Recovery Officer. -- Where an appeal is preferred against any order of the Recovery Officer, under section 30, by any person from whom the amount of debt is due to a bank or financial institution or consortium of banks or financial institutions, such appeal shall not be entertained by the Tribunal unless such person has deposited with the Tribunal fifty per cent. of the amount of debt due as determined by the Tribunal.]
Section 30A: Deposit of amount of debt due for filing appeal against orders of the Recovery Officer.
The Recovery Of Debts And Bankruptcy Act, 1993Central Act · Act 51 of 1993
Where this provision sits
| Act | The Recovery Of Debts And Bankruptcy Act, 1993 |
|---|---|
| Section | 30A |
| Marginal note | Deposit of amount of debt due for filing appeal against orders of the Recovery Officer. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 1 |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- inserted, Act 44 of 2016. Ins. by Act 44 of 2016, s. 40 (w.e.f. 1-9-2016).
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