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    <title>2012 (3) TMI 611 - Supreme Court</title>
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    <description>The SC upheld the requirement of depositing seventy-five per cent of the award amount before setting aside a decree under Section 19 of the 2006 Act. The Court concluded that the provision does not allow for discretion to waive or reduce the pre-deposit amount, dismissing the Petitions but allowing an extended period for deposit. The challenge was not against the validity of Section 19 but for a more lenient interpretation. The Court declined to interfere with the lower court&#039;s decision and extended the time for pre-deposit by twelve weeks for one party.</description>
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    <pubDate>Thu, 15 Mar 2012 00:00:00 +0530</pubDate>
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      <title>2012 (3) TMI 611 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=200347</link>
      <description>The SC upheld the requirement of depositing seventy-five per cent of the award amount before setting aside a decree under Section 19 of the 2006 Act. The Court concluded that the provision does not allow for discretion to waive or reduce the pre-deposit amount, dismissing the Petitions but allowing an extended period for deposit. The challenge was not against the validity of Section 19 but for a more lenient interpretation. The Court declined to interfere with the lower court&#039;s decision and extended the time for pre-deposit by twelve weeks for one party.</description>
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      <pubDate>Thu, 15 Mar 2012 00:00:00 +0530</pubDate>
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