https://www.taxtmi.com/caselaws?id=200350 Section 19 of the Micro, Small and Medium Enterprises Development Act, 2006 requires deposit of seventy-five per cent of the awarded amount as a mandatory pre-condition for entertaining a challenge to an award or order. The phrase "in the manner directed by the Court" regulates only the mode of deposit, while the proviso allows the Court to control disbursement of the deposited amount to the supplier on reasonable terms; it does not permit waiver of the statutory pre-deposit. The challenge was therefore confined to modification of deposit and interim disbursement directions, while the deposit requirement remained binding. en-us Tue, 17 Feb 2009 00:00:00 +0530 Mon, 26 Mar 2018 15:51:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200350 Section 19 of the Micro, Small and Medium Enterprises Development Act, 2006 requires deposit of seventy-five per cent of the awarded amount as a mandatory pre-condition for entertaining a challenge to an award or order. The phrase "in the manner directed by the Court" regulates only the mode of deposit, while the proviso allows the Court to control disbursement of the deposited amount to the supplier on reasonable terms; it does not permit waiver of the statutory pre-deposit. The challenge was therefore confined to modification of deposit and interim disbursement directions, while the deposit requirement remained binding. Case-Laws Indian Laws Tue, 17 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200350