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Section 31

The Recovery of Debts Due to Banks and Financial Institutions Ordinance,1993Ordinance · 1993

(1) Every suit or other proceeding pending before any court immediately before the date of establishment of a Tribunal under this Ordinance, being a suit or proceeding the cause of action whereon it is based is such that it would have been, if it had arisen after such establishment, within the jurisdiction of such Tribunal, shall stand transferred on that date to such Tribunal:

Provided that nothing in this sub-section shall apply to any appeal pending as aforesaid before any court.

(2) Where any suit or other proceeding stands transferred from any court to a Tribunal under sub-section (1),—

(a) the court shall, as soon as may be after such transfer, forward the records of such suit or other proceeding to the Tribunal; and

(fa) the Tribunal may, on receipt of such records, proceed to deal with such suit or other proceeding, so far as may be, in the same manner as in the case of an application made under section 19 from the stage which was reached before such transfer or from any earlier stage or de-novo as the Tribunal may deem fit.

32. The Presiding Officer, the Recovery Officer and other officers and employees of a Tribunal and an Appellate Tribunal shall be deemed to be public servants within the meaning of section 21 of the Indian Penal Code.

33. "No suit, prosecution or other legal proceeding shall lie against the Central Government or against the Presiding Officer of a Tribunal or an Appellate Tribunal or against the Recovery Officer for anything which is in good faith done or intended to be done in pursuance of this Ordinance or &ny rule or order made thereunder.

Where this provision sits

ActThe Recovery of Debts Due to Banks and Financial Institutions Ordinance,1993
Section31
StatusIn force as published by the source

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