Bare Acts

The Recovery of Debts and Bankruptcy Act, 1993

1993 · In force · synced 11 Oct 2026

Not yet verified with the latest version of the bare act.

I — PRELIMINARY

1.Short title, extent, commencement and application 2.Definitions

II — ESTABLISHMENT OF TRIBUNAL AND APPELLATE TRIBUNAL

3.Establishment of Tribunal 4.Composition of Tribunal 5.Qualifications for appointment as Presiding Officer 6.Term of office of Presiding Officer 6A.Qualifications, terms and conditions of service of Presiding Officer 7.Staff of Tribunal 8.Establishment of Appellate Tribunal 9.Composition of Appellate Tribunal 10.Qualifications for appointment as 9[the Chairperson of the Appellate Tribunal]11.Term of office of Chairperson of Appellate Tribunal 12.Staff of the Appellate Tribunal 13.Salary and allowances and other terms and conditions of service of Presiding Officers 14.Filling up of vacancies 15.Resignation and removal 15A.Qualifications, terms and conditions of service of Chairperson

II — of the said Act]:

16.Orders constituting Tribunal or an Appellate Tribunal to be final and not to invalidate its proceedings

III — JURISDICTION, POWERS AND AUTHORITY OF TRIBUNALS

17.Jurisdiction, powers and authority of Tribunals 17A.Power of Chairperson of Appellate Tribunal 18.Bar of jurisdiction

IV — PROCEDURE OF TRIBUNALS

19.Application to the Tribunal 19A.Filing of recovery applications, documents and written statements in electronic form 20.Appeal to the Appellate Tribunal 21.Deposit of amount of debt due, on filing appeal 22.Procedure and powers of the Tribunal and the Appellate Tribunal 22A.Uniform procedure for conduct of proceedings 23.Right to legal representation and Presenting Officers 24.Limitation

V — RECOVERY OF DEBT DETERMINED BY TRIBUNAL

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

VI — MISCELLANEOUS

31.Transfer of pending cases 31A.Power of Tribunal to issue certificate of recovery in case of decree or order 31B.Priority to secured creditors 32.Chairperson, Presiding Officer and staff of Appellate Tribunal and Tribunal to be public servants 33.Protection of action taken in good faith 34.Act to have overriding effect 35.Power to remove difficulties 36.Power to make rules 37.Repeal and saving

1356A810121415A171819A2122A242628303131B3335