Which of the following is NOT expressly dealt with under Section 21 of the Recovery of Debts and…
Section 21 prescribes a fifty-per-cent deposit for the debtor's appeal, reducible for recorded reasons to a minimum twenty-five per cent. Section 20 confers the appeal…
Choose your answer
Which of the following is NOT expressly dealt with under Section 21 of the Recovery of Debts and Bankruptcy Act, 1993?
Answer and explanation
Correct answer D
Section 21 prescribes a fifty-per-cent deposit for the debtor's appeal, reducible for recorded reasons to a minimum twenty-five per cent. Section 20 confers the appeal itself. Seventy-five per cent was the earlier default, replaced in 2016.