Lawgist25Modes of recovery of debts
The Recovery Officer shall, on receipt of the copy of the certificate under sub-section (7) of section 19, proceed to recover the amount of debt specified in the certificate by one or more of the following modes, namely:--
(a) attachment and sale of the movable or immovable property of the defendant;
1[(aa) taking possession of property over which security interest is created or any other property of the defendant and appointing receiver for such property and to sell the same;]
(b) arrest of the defendant and his detention in prison;
(c) appointing a receiver for the management of the movable or immovable properties of the defendant;
1[(d) any other mode of recovery as may be prescribed by the Central Government.]
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` Ins. by s. 38, ibid. (w.e.f. 1-9-2016)
- 25 Modes of recovery of debts
- 26 Validity of certificate and amendment thereof
- 27 Stay of proceedings under certificate and amendment or withdrawal thereof
- 28 Other modes of recovery
- 29 Application of certain provisions of Income-tax Act
- 30 Appeal against the order of Recovery Officer
- 30A Deposit of amount of debt due for filing appeal against orders of the Recovery Officer
