Recovery of Debts and Bankruptcy Act, 1993
← Recovery of Debts and Bankruptcy Act, 1993
VI — MISCELLANEOUS · Section 31A

Power of Tribunal to issue certificate of recovery in case of decree or order

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

(1) Where a decree or order was passed by any court before the commencement of the Recovery of Debts Due to Banks and Financial Institutions (Amendment) Act, 2000 (1 of 2000) and has not yet been executed, then, the decree-holder may apply to the Tribunal to pass an order for recovery of the amount.

(2) On receipt of an application under sub-section (1), the Tribunal may issue a certificate for recovery to a Recovery Officer.

(3) On receipt of a certificate under sub-section (2), the Recovery Officer shall proceed to recover the amount as if it was a certificate in respect of a debt recoverable under this Act.]

Judgments on Section 31A