Deposit requirement: appeals barred unless appellant deposits the required portion of the amount imposed before the Appellate Tribunal will hear the appeal. The Competition (Amendment) Act, 2023 inserts a proviso in section 53B(2) requiring that no appeal by a person obliged to pay any amount under a Commission order shall be entertained by the Appellate Tribunal unless the appellant has deposited a specified portion of that amount in the manner directed by the Appellate Tribunal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deposit requirement: appeals barred unless appellant deposits the required portion of the amount imposed before the Appellate Tribunal will hear the appeal.
The Competition (Amendment) Act, 2023 inserts a proviso in section 53B(2) requiring that no appeal by a person obliged to pay any amount under a Commission order shall be entertained by the Appellate Tribunal unless the appellant has deposited a specified portion of that amount in the manner directed by the Appellate Tribunal.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.