Money recovery act
jayeshmankodi
(Querist) 06 April 2016
This query is : Resolved
That The suit has been filed by the Bank for recovery of agri.loan amount The advocate of opponent has submitted an written argument that The Money Recovery Powers has been vested to collector hence no direct suit can be filed for such recovery.
so pls. let me know that whether suit can be filed without approaching the collector forum first? or else now what should be the defence for the Bank?
regds
jayesh
Rajendra K Goyal
(Expert) 06 April 2016
Repeated query, no reply.
http://www.lawyersclubindia.com/experts/Money-recovery-act-592566.asp
Kumar Doab
(Expert) 06 April 2016
If repeated, no reply.