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    <title>2005 (12) TMI 584 - DELHI HIGH COURT</title>
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    <description>The High Court upheld the validity of the proviso to Section 18(1) of the Securitisation Act, emphasizing the statutory nature of the right to appeal and the Legislature&#039;s authority to impose conditions for its exercise. The Court dismissed the petition challenging the proviso&#039;s validity under Article 14 of the Constitution, citing legal precedents supporting similar pre-deposit requirements for appeals and reinforcing the legality of such provisions.</description>
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      <link>https://www.taxtmi.com/caselaws?id=196440</link>
      <description>The High Court upheld the validity of the proviso to Section 18(1) of the Securitisation Act, emphasizing the statutory nature of the right to appeal and the Legislature&#039;s authority to impose conditions for its exercise. The Court dismissed the petition challenging the proviso&#039;s validity under Article 14 of the Constitution, citing legal precedents supporting similar pre-deposit requirements for appeals and reinforcing the legality of such provisions.</description>
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