(1) All loans and grant under this Act, all interests if any, chargeable thereon all misapplied, misutilised or unutilized grants made under any agreement expressed or implied or otherwise, and cost if any, incurred in making or recovering the same, whether before or after the commencement of the Bihar Khadi and Village Industries (Amendment) Ordinance, 1966 (Bihar Ordinance No. 10 of 1966) shall without prejudice to any other remedy provided by law, be recoverable under the Bihar and Orissa Public Demands Recovery Act, 1914 (Bihar & Orissa Act IV of 1914).
(2) If any question arises whether a sum is payable to the Board within the meaning of subsection (1) the same be referred to the Director of Industries, 2[Jharkhand] who shall after making such enquiry as he may deem fit, and after giving the person by whom the sum is alleged to be payable an opportunity of being heard, decide the question and his decision thereon shall be final and shall not be called in question in any court of law.
Explanation – For the purposes of this sub-section, Director of Industries means the Director of Industries of the Government of 2[Jharkhand] and includes any person not below the rank of a Deputy Director of Industries of the Government of 2[Jharkhand] whom the Director of Industries may authorize to perform his functions in this be half.