Answer:
DRAT has power to lower the pre-deposit amount to the minimum amount provided under statute. However, ordinarily, it cannot waive the pre-deposit requirement in cases where the statute mandates pre-deposit before filing an appeal before DRAT.
There can be different considerations depending on whether the person filing the appeal is a borrower, guarantor, third party, auction purchaser or other person; and whether the appeal is from an interlocutory/ procedural order of DRT or final order.
By Advocate BK Singh
Supreme Court | High Court | Tribunals
