Question
What are the various modes for the recovery of the
amount of debt as specified in the certificate u/s 19 of the Recovery of Debts and Bankruptcy Act?Solution
Section 25.  Modes of recovery of debts: 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; (aa) taking possession of property over which security interest is created or any other property of the defendant and appointing receiver for such property and to sell the same; (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; (d) any other mode of recovery as may be prescribed by the Central Government.
According to the “Equal remuneration act 1976” who can constitute “Advisory committee”?
 Which of the statements is true in regards to the Government of India Act 1935?
-
The Constitution of 195...
-
Which of the statements are true in regards to Styasodhak Samaj?
1.   Spread of education among women and lower caste
2.   Complet...
The Least Common Multiple (LCM) and Highest Common Factor (HCF) of two numbers add up to 765. The LCM is 50 times the HCF. Given that one of the numbers...
What is the missing number in the series: 2,7,28,63,126,____
With reference to the model code of conduct (MCC) consider the following statements:
1. It has no legal backing and is based on consensus amon...
The ratio of monthly income of Ravi to Dev is 4:5. Ravi spends 85% of his monthly income and saves Rs. 5400. Determine the expenditure (in Rs.) of Dev, ...
Select the option that is related to fifth letter - cluster in the same way as the second letter - cluster is related to the first letter - cluster and...
Which of the following statements is/are correct?
(1) Abolition of untouchability is given in Article 17 of the Indian Constitution.
(2) E...
Consider the following statements:
(1) The Earth’s magnetic field has reversed every few hundred thousand years.
(2) When the Earth was ...