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of <h1>Appeal Tribunal Rules: File Appeal Within 60 Days Under Section 53B, Deposit 25% of Ordered Amount</h1> Section 53B of the Competition Act, 2002 allows the Central Government, State Government, local authorities, enterprises, or any aggrieved person to appeal to the Appellate Tribunal against directions, decisions, or orders under Section 53A. Appeals must be filed within sixty days of receiving the decision, with a possibility of extension for sufficient cause. An appeal requires a 25% deposit of any ordered amount. The Appellate Tribunal may confirm, modify, or set aside the appealed decision after hearing the parties and aims to resolve appeals within six months. The Tribunal must send its order to the Commission and involved parties.
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