law: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
  17. Right to appeal.-
  
   
  1.     
  
    Any
  
  person (including borrower), aggrieved by any of the measures referred to in
  
  sub-section (4) of section 13 taken by the secured creditor or his authorised
  
  officer under this Chapter, may prefer an appeal to the Debts Recovery Tribunal
  
  having jurisdiction in the matter within forty-five days from the date on which
  
  such measure had been taken.
  2.     
  
    Where
  
  an appeal is preferred by a borrower, such appeal shall not be entertained by
  
  the Debts Recovery Tribunal unless the borrower has deposited with the Debts
  
  Recovery Tribunal seventy-five per cent. of the amount claimed in the notice
  
  referred to in sub-section (2) of section 13:
  Provided that the
  
  Debts Recovery Tribunal may, for reasons to be recorded in writing, waive or
  
  reduce the amount to be deposited under this section.
  1.     
  
  
  2.     
  
  
  3.     
  
    Save
  
  as otherwise provided in this Act, the Debts Recovery Tribunal shall, as far as
  
  may be, dispose of the appeal in accordance with the provisions of the Recovery
  
  of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993) and
  
  rules made there under.