Recovery of Debts and Bankruptcy Act, 1993
← Recovery of Debts and Bankruptcy Act, 1993
V — RECOVERY OF DEBT DETERMINED BY TRIBUNAL · Section 25

Modes of recovery of debts

Not yet verified with the latest version of the bare act.
Text as per India Code

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;

[(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;

[(d) any other mode of recovery as may be prescribed by the Central Government.]

Judgments on Section 25