INDIA CODE

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Section 21, Forfeited Deposits Act, 1850 [S11-ASG]

As at 6 September 2026. In force from 25 November 1851 by S.O. 2908(E) [N11-7SR].

In Forfeited Deposits Act, 1850 [A10-2W2]. This text from 18 November 1942, by Act 90 of 1942 [A10-B1W]. Other texts (1): from 25 November 1851 to 17 November 1942.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 21, Forfeited Deposits Act, 1850 [S11-ASG]. Machine: S11-ASG.

21. Appeal.—(1) Any person aggrieved by an order of the Reserve Bank under this Act may, within seven days from the date on which the order is communicated to him, prefer an appeal to the Debts Recovery Tribunal in such form and accompanied by such fee as may be prescribed. (2) The appellate authority may, after giving the appellant an opportunity of being heard, confirm, modify or set aside the order appealed against. (3) No appeal shall lie under this section against an order made with the consent of the parties.

Defined terms in this text (1)

Reserve Bank: Section 2, Forfeited Deposits Act, 1850 [S11A6B] (In this Act, unless the context otherwise requires,—): "Reserve Bank" means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934)

Reserve Bank: 24 more definitions.

Made under this section, or naming it (0)

none

Cited by (2)

Section 24, Forfeited Deposits Act, 1850 [S11-AWT], 17 November 1850, Band A. "section 21".

Section 2, Forfeited Deposits Act (Amendment) Act, 1942 [S18-KP7], 18 November 1942, Band A. "section 21 of the Forfeited Deposits Act, 1850 (25 of 1850)".

Not held (0)

none

Duties published under this section (0)

none

Section 21, Forfeited Deposits Act, 1850 [S11-ASG]