At the time of filing of appeal, 50% of the awarded amount or Rs. 2,500/- whichever is less has to be deposited in the manner directed by the High Court.
Wherever certain documents are in possession of the other party and in spite of our best efforts the same could not be procured, Section 169(2) of the M.V. Act 1988 may be invoked compelling discovery and production of documents.
As per Section 168(3) the award should be satisfied within 30 days from the date of award unless it merits appeal.
Under Section 169 (2) of the MV Act 1988, MACT shall have all the powers of a Civil Court for the purpose of taking evidence, enforcing attendance of witnesses, and compelling the discovery and production of documents etc.
The term income in Advanced Law Lexicon (3rd Ed.) by P. Ramanatha Aiyars has been defined as the value of any benefit or perquisite whether convertible into money or not, obtained from a company either by a director or a person who has substantial interest in the company, and any sum paid by such company in respect of any obligation, which but for such payment would have been payable by the director or other person aforesaid, occurring or arising to a person within the State from any profession, trade or calling other than agriculture.
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