Section 59, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1X-RAA]
As at 8 January 1999. In force from 6 February 1994 by S.O. 2460(E) [N12-6S4].
59. Appeal.—(1) Any person aggrieved by an order of the Commission under this Act may, within ninety days from the date on which the order is communicated to him, prefer an appeal to the Central Government 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)
Commission: Section 2, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1XPH4] (In this Act, unless the context otherwise requires,—): "Commission" means the Commission established under section 3
Commission: 85 more definitions.
Made under this section, or naming it (0)
none
Cited by (3)
Section 62, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1X-RD4], 23 July 1993, Band A. "section 59".
Section 2, Recovery of Debts Due to Banks and Financial Institutions Act (Amendment) Act, 1999 [S1Z-PWE], 8 January 1999, Band A. "section 59 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993)".
Section 2, Recovery of Debts Due to Banks and Financial Institutions Act (Amendment) Act, 2024 [S2C-3KQ], 14 November 2024, Band A. "section 59 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993)".
Not held (0)
none
Duties published under this section (0)
none