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Pre-Deposit Of 75% Of Awarded Amount As Per S.19 Of MSMED Act Can Be Made In Installments: Gujarat High Court
PRIYANKA PREET
27 May 2022 10:45 AM IST
The Gujarat High Court recently permitted a party in appeal under the Micro, Small and Medium Enterprises Development Act, 2006 to make a pre-deposit to Court in terms of Section 19 of the Act, i.e., 75% of the amount awarded, in installments.The Petitioner herein was aggrieved by an order of Additional District Judge, whereby its application for extension of time to deposit the 75% of the...
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