Section 32, State Financial Corporations Act, 1951 [S1B-E57]
As at 29 September 1952. In force from 29 September 1952 by S.O. 1052(E) [N11-J5V].
32. Appeal.—(1) Any person aggrieved by an order of the Reserve Bank under this Act may, within thirty 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, State Financial Corporations Act, 1951 [S1BD7F] (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 35, State Financial Corporations Act, 1951 [S1B-E8X], 5 November 1951, Band A. "section 32".
Section 2, State Financial Corporations Act (Amendment) Act, 1976 [S1Q-854], 3 August 1976, Band A. "section 32 of the State Financial Corporations Act, 1951 (63 of 1951)".
Not held (0)
none
Duties published under this section (0)
none