51. Security Deposit and processing fee (amended as per G.N. No.175 of 2013, as per G.N. No.75 of 2013 and as per G.N. No.8 of 2009)

(1) The submission of an application for review shall be accompanied by–

(a) a security deposit of an amount of

(i) 100,000 rupees, in the case where the application relates to the bid opening process or the award of a major contract; or

(ii) 25,000 rupees, in any other case; and

(b) a non-refundable processing fee of 50,000 rupees.

(2) The security deposit shall be forfeited where the Review Panel dismisses the application as frivolous.