Recovery of Debts and Bankruptcy Act, 1993
Section - 25 - Modes of recovery of debts
CHAPTER V
RECOVERY OF DEBT DETERMINED BY TRIBUNAL
Modes of recovery of debts.
25. 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; |
| (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. |
CAclubindia
