<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Section 21 Amendment: Pre-deposit for Debt Recovery Cut from 75% to 50%; Petition for Prospective Application Rejected.</title>
    <link>https://www.taxtmi.com/highlights?id=42622</link>
    <description>Waiver of pre-deposit of debts - Recovery of Debts - Section 21 of the Banks and Financial Institutions Act, 1993 - Nature and effect of amendment - he quantum of the amount of pre-deposit has been reduced to 50% in place of 75% - the contention of the petitioner that the amendment is prospective in effect, is not acceptable.</description>
    <language>en-us</language>
    <pubDate>Wed, 14 Nov 2018 14:11:59 +0530</pubDate>
    <lastBuildDate>Wed, 14 Nov 2018 14:11:59 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=541812" rel="self" type="application/rss+xml"/>
    <item>
      <title>Section 21 Amendment: Pre-deposit for Debt Recovery Cut from 75% to 50%; Petition for Prospective Application Rejected.</title>
      <link>https://www.taxtmi.com/highlights?id=42622</link>
      <description>Waiver of pre-deposit of debts - Recovery of Debts - Section 21 of the Banks and Financial Institutions Act, 1993 - Nature and effect of amendment - he quantum of the amount of pre-deposit has been reduced to 50% in place of 75% - the contention of the petitioner that the amendment is prospective in effect, is not acceptable.</description>
      <category>Highlights</category>
      <law>Indian Laws</law>
      <pubDate>Wed, 14 Nov 2018 14:11:59 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=42622</guid>
    </item>
  </channel>
</rss>