[32G. Recovery of amounts due to the Financial Corporation as an arrear of land revenue.--Where any amount is due to the Financial Corporation in respect of any accommodation granted by it to any industrial concern, the Financial Corporation or any person authorised by it in writing in this behalf, may, without prejudice to any other mode of recovery, make an application to the State Government for the recovery of the amount due to it, and if the State Government or such authority, as that Government may specify in this behalf, is satisfied, after following such procedure as may be prescribed, that any amount is so due, it may issue a certificate for that amount to the Collector, and the Collector shall proceed to recover that amount in the same manner as an arrear of land revenue.]
Section 32G: Recovery of amounts due to the Financial Corporation as an arrear of land revenue.
The State Financial Corporations Act, 1951Central Act · Act 63 of 1951
Where this provision sits
| Act | The State Financial Corporations Act, 1951 |
|---|---|
| Section | 32G |
| Marginal note | Recovery of amounts due to the Financial Corporation as an arrear of land revenue. |
| Jurisdiction | Central |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- inserted, Act 43 of 1985. . Ins. by Act 43 of 1985, s. 21 (w.e.f. 21-8-1985).
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