https://www.taxtmi.com/caselaws?id=213364 A statutory right of appeal may be made subject to a pre-deposit condition, and in a non-adjudicatory recovery scheme the Legislature may confine waiver discretion within defined limits without offending Article 14. Applying that principle, the provisos to section 18 of the Securitisation Act were upheld as valid because Parliament could require a deposit for entertaining the appeal and prescribe a minimum waiver threshold. The Tribunal's order directing deposit was found consistent with the statutory scheme and the materials before it, so no interference under Article 226 was warranted. The constitutional challenge failed and the petition was dismissed. en-us Fri, 01 Jul 2011 00:00:00 +0530 Sat, 12 May 2012 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213364 A statutory right of appeal may be made subject to a pre-deposit condition, and in a non-adjudicatory recovery scheme the Legislature may confine waiver discretion within defined limits without offending Article 14. Applying that principle, the provisos to section 18 of the Securitisation Act were upheld as valid because Parliament could require a deposit for entertaining the appeal and prescribe a minimum waiver threshold. The Tribunal's order directing deposit was found consistent with the statutory scheme and the materials before it, so no interference under Article 226 was warranted. The constitutional challenge failed and the petition was dismissed. Case-Laws Companies Law Fri, 01 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213364