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Micro, Small and Medium Enterprises Development Act, 2006 Section 19 - Bare Act

StateCentral Government
Year
Section TitleApplication for Setting Aside Decree, Award or Order
Act Info:

No application for setting aside any decree, award or otherorder made either by the Council itself or by any institution or centreproviding alternate dispute resolution services to which a reference is made bythe Council, shall be entertained by any court unless the appellant (not being asupplier) has deposited with it seventy-five per cent of the amount in terms ofthe decree, award or, as the case may be, the other order in the manner directedby such court:

Provided that pending disposal of the application to setaside the decree, award or order, the court shall order that such percentage ofthe amount deposited shall be paid to the supplier, as it considers reasonableunder the circumstances of the case subject to such conditions as it deemsnecessary to impose.




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