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The Recovery of Debts and Bankruptcy Act 1993 Bare Act

The document outlines the Recovery of Debts and Bankruptcy Act, 1993, detailing its structure, including the establishment and composition of Tribunals and Appellate Tribunals, their jurisdiction, powers, and procedural guidelines. It also covers the recovery of debts determined by the Tribunal and miscellaneous provisions related to the Act. The document serves as a legal reference for understanding the framework of debt recovery in India.

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0% found this document useful (0 votes)
31 views4 pages

The Recovery of Debts and Bankruptcy Act 1993 Bare Act

The document outlines the Recovery of Debts and Bankruptcy Act, 1993, detailing its structure, including the establishment and composition of Tribunals and Appellate Tribunals, their jurisdiction, powers, and procedural guidelines. It also covers the recovery of debts determined by the Tribunal and miscellaneous provisions related to the Act. The document serves as a legal reference for understanding the framework of debt recovery in India.

Uploaded by

Monish
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

IBC Laws® | [Link].

in

The Recovery of Debts and Bankruptcy Act, 1993

Chapter-I Preliminary

Section-1 Short title extent commencement and application


Section-2 Definitions

Chapter-II Establishment of Tribunal and Appellate Tribunal

Section-3 Establishment of Tribunal


Section-4 Composition of Tribunal
Section-5 Qualifications for appointment as Presiding Officer
Section-6 Term of office of Presiding Officer
Section-6A Qualifications terms and conditions of service of Presiding Officer
Section-7 Staff of Tribunal
Section-8 Establishment of Appellate Tribunal
Section-9 Composition of Appellate Tribunal
Section-10 Qualifications for appointment as the Chairperson of the Appellate Tribunal
Section-11 Term of office of Chairperson of Appellate Tribunal
Section-12 Staff of the Appellate Tribunal
Section-13 Salary and allowances and other terms and conditions of service of Presiding Officers
Section-14 Filling up of vacancies
Section-15 Resignation and removal
Section-15A Qualifications terms and conditions of service of Chairperson
Section-16 Orders constituting Tribunal or an Appellate Tribunal to be final and not to invalidate its
proceedings

Chapter-III Jurisdiction, Powers and Authority of Tribunals

Section-17 Jurisdiction powers and authority of Tribunals


Section-17A Power of Chairperson of Appellate Tribunal
Section-18 Bar of jurisdiction

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Chapter-IV Procedure of Tribunals

Section-19 Application to the Tribunal


Section-19A Filing of recovery applications documents and written statements in electronic form
Section-20 Appeal to the Appellate Tribunal
Section-21 Deposit of amount of debt due on filing appeal
Section-22 Procedure and powers of the Tribunal and the Appellate Tribunal
Section-22A Uniform procedure for conduct of proceedings
Section-23 Right to legal representation and Presenting Officers
Section-24 Limitation

Chapter-V Recovery of Debt determined by Tribunal

Section-25 Modes of recovery of debts


Section-26 Validity of certificate and amendment thereof
Section-27 Stay of proceedings under certificate and amendment or withdrawal thereof
Section-28 Other modes of recovery
Section-29 Application of certain provisions of Income-tax Act
Section-30 Appeal against the order of Recovery Officer
Section-30A Deposit of amount of debt due for filing appeal against orders of the Recovery Officer

Chapter-VI Miscellaneous

Section-31 Transfer of pending cases


Section-31A Power of Tribunal to issue certificate of recovery in case of decree or order
Section-31B Priority to secured creditors
Section-32 Chairperson Presiding Officer and staff of Appellate Tribunal and Tribunal to be public
servants
Section-33 Protection of action taken in good faith
Section-34 Act to have overriding effect
Section-35 Power to remove difficulties
Section-36 Power to make rules
Section-37 Repeal and saving

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