Telangana High Court: Pre-Deposit Under Section 21 Of RDB Act Inapplicable To Non-Substantive Appeals | Sets Aside DRAT Order Requiring 25% Deposit For Challenge To Ex Parte DRT Proceedings
Isabella Mariam The High Court of Telengana, Division Bench of Justice Moushumi Bhattacharya and Justice Gadi Praveen Kumar delivered a significant ruling concerning the scope of Section 21 of the Recovery of Debts and Bankruptcy Act, 1993. The Bench set aside an order which had directed a party to make a mandatory pre-deposit of twenty-five percent of a debt amount for the purpose of hearing an appeal. The Court held that the ap...