A Recovery Officer is required to determine the statutory modes by which a debt may be recovered under…
The statutory modes by which a Recovery Officer may recover a debt, such as attachment and sale of property, arrest and detention, or appointment of a receiver, are…
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A Recovery Officer is required to determine the statutory modes by which a debt may be recovered under the Recovery of Debts and Bankruptcy Act, 1993. Which provision would primarily govern the issue?
Answer and explanation
Correct answer B
The statutory modes by which a Recovery Officer may recover a debt, such as attachment and sale of property, arrest and detention, or appointment of a receiver, are prescribed under section 25 of the Act.