Question

In the case of an appeal against the MSEFC's decision, what percentage of the award amount must be deposited by the applicant?

Q: Answer-In the case of an appeal against the MSEFC's decision, what percentage of the award amount must be d...

Under Section 19 of the MSMED Act, an appellant usually the buyer must deposit 75 of the award or decree amount with the court before filing an appeal against the decision of the MSE Facilitation Council. This condition serves two purposes it discourages frivolous appeals and ensures that the MSME has a strong likelihood of receiving the money owed. The deposited amount may be released to the MSME based on the courts direction, pending the outcome of the appeal.