https://www.taxtmi.com/highlights?id=51324 Waiver of pre-deposit - applicability of Section 18(1) of the SARFAESI Act - addition to debt due, an amount of interest and future interest that would be added from 2006 onwards until 2017 would escalate the "debt due" to a higher sum. The Petitioners would therefore be liable to deposit 25% of this amount as condition precedent under the provisions of the said Act in the appeal proceedings as pre-deposit - Waiver request rejected. en-us Tue, 21 Jan 2020 08:14:06 +0530 Tue, 21 Jan 2020 08:14:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51324 Waiver of pre-deposit - applicability of Section 18(1) of the SARFAESI Act - addition to debt due, an amount of interest and future interest that would be added from 2006 onwards until 2017 would escalate the "debt due" to a higher sum. The Petitioners would therefore be liable to deposit 25% of this amount as condition precedent under the provisions of the said Act in the appeal proceedings as pre-deposit - Waiver request rejected. Highlights Indian Laws Tue, 21 Jan 2020 08:14:06 +0530 https://www.taxtmi.com/highlights?id=51324