Petitioner's Waiver Request Denied: No Financial Hardship Shown for 50% Pre-Deposit u/s 21 of Recovery Act.

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....Waiver of the requirement of pre-deposit under Section 21 of the Recovery of Debts and Bankruptcy Act, 1993 - no plea was advanced about the Petitioner being in any financial hardship and not being able to make the pre-deposit of 50% of the amount found due by the DRT. - Petitioner‟s prayer for waiver of the pre-deposit declined.....