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Section 55, Credit Information Companies (Regulation) Act, 2005 [S22-28Z]

As at 7 September 2026. In force from 27 February 2006 by S.O. 1675(E) [N12-CKX].

In Credit Information Companies (Regulation) Act, 2005 [A11-9MK]. This text from 24 November 2014, by Act 79 of 2014 [A11-J0X]. Other texts (1): from 27 February 2006 to 23 November 2014.

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

Cite: Section 55, Credit Information Companies (Regulation) Act, 2005 [S22-28Z]. Machine: S22-28Z.

55. 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, Credit Information Companies (Regulation) Act, 2005 [S220K4] (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)

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Cited by (2)

Section 58, Credit Information Companies (Regulation) Act, 2005 [S22-2BS], 7 March 2005, Band A. "section 55".

Section 2, Credit Information Companies (Regulation) Act (Amendment) Act, 2014 [S26-Y7V], 24 November 2014, Band A. "section 55 of the Credit Information Companies (Regulation) Act, 2005 (30 of 2005)".

Not held (0)

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Duties published under this section (0)

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