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2019 (3) TMI 2053

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..... 62/2019 (CS-RES) - - - CST, VAT & Sales Tax - Seeking dispensation of deposit of 25% of the award amount as it is required to be deposited under Section 105 of the Act - Section 151 of Code of Civil Procedure, 1908 - HELD THAT:- It is clearly seen that deposit of 25% of award amount is statutory requirement before filing the appeal. The 1st respondent-KAT has no discretion to waive payment of s .....

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..... tiated under Section 441 of the Karnataka Co-operative Societies Act, 1959 (hereinafter referred to as the Act for brevity) by respondent No.3, the Official Arbitrator in Dispute No.RCS/CRD/KME-8/399/2012-13. The said proceeding was disposed of by order dated 06.10.2017 in holding that the petitioner herein is responsible to pay Rs.18,00,000/-along with 10.25% interest and 2% overdue interest on .....

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..... osit of 25% of award amount is statutory requirement before filing the appeal. The 1st respondent-KAT has no discretion to waive payment of such deposit. In that view of the matter, the application which is filed in I.A.No.3 is rejected by the KAT. On going through the reasons assigned for rejection of the application in I.A.No.3, the same appears to be just and proper. Therefore, question of inte .....

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