Forfeiture of security: security may be forfeited or declared insufficient after an unsatisfactory reply to a show cause notice. Order templates specify that after issuance of a show cause notice, if a dealer either fails to appear or provides an unsatisfactory reply, the authority may declare the dealer's security forfeited or insufficient from a stated date and must record the reasons. Where insufficiency is found, the dealer is directed to make good the deficiency within the period specified.
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.
Forfeiture of security: security may be forfeited or declared insufficient after an unsatisfactory reply to a show cause notice.
Order templates specify that after issuance of a show cause notice, if a dealer either fails to appear or provides an unsatisfactory reply, the authority may declare the dealer's security forfeited or insufficient from a stated date and must record the reasons. Where insufficiency is found, the dealer is directed to make good the deficiency within the period specified.
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