https://www.taxtmi.com/caselaws?id=343033 Section 19 of the Micro, Small and Medium Enterprises Development Act, 2006 requires a 75% pre-deposit for an application to set aside an award and remains constitutionally valid because it applies after adjudication to a statutory remedy. The requirement is not mechanically inflexible: courts may grant interim protection and waive the deposit wholly or partly in exceptional cases where a strong prima facie case exists and strict compliance would render the remedy ineffective. This discretion must be exercised sparingly while preserving the Act's objective of prompt payment to micro and small enterprise suppliers. en-us Mon, 27 Mar 2017 00:00:00 +0530 Wed, 17 May 2017 07:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343033 Section 19 of the Micro, Small and Medium Enterprises Development Act, 2006 requires a 75% pre-deposit for an application to set aside an award and remains constitutionally valid because it applies after adjudication to a statutory remedy. The requirement is not mechanically inflexible: courts may grant interim protection and waive the deposit wholly or partly in exceptional cases where a strong prima facie case exists and strict compliance would render the remedy ineffective. This discretion must be exercised sparingly while preserving the Act's objective of prompt payment to micro and small enterprise suppliers. Case-Laws Indian Laws Mon, 27 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343033