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Section 36T — Deposit of amount due, on filing appeal.

The National Housing Bank Act, 1987
1 [ 36T. Deposit of amount due, on filing appeal. --Where an appeal is preferred by a borrower, such appeal shall not be entertained by the Appellate Tribunal unless such person has deposited with the Appellate Tribunal seventy-five per cent. of the amount due from him as determined by the recovery officer: Provided that the Appellate Tribunal may, for the reasons to be recorded in writing, waive or reduce the amount to be deposited under this section.]

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