Section 30B: Appeal against penalties.

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002Central Act · Act 54 of 2002

[30B. Appeal against penalties.--A person in default, aggrieved by an order passed under sub-section (4) of section 30A, may, within a period of thirty days from the date on which such order is passed, prefer an appeal to the Appellate Authority:

Provided that the Appellate Authority may entertain an appeal after the expiry of the said period of thirty days, if it is satisfied that there was sufficient cause for not filing it within such period.]

Where this provision sits

Act	The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
Section	30B
Marginal note	Appeal against penalties.
Jurisdiction	Central
Status	In force as published by the source

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. 21 (w.e.f. 1-9-2016).

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