Which of the following statements is correct under Section 31A of the Recovery of Debts and Bankruptcy…
Section 31A is headed "Power of Tribunal to issue certificate of recovery in case of decree or order". Transfer of pending suits is section 31, the appeal against the…
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Which of the following statements is correct under Section 31A of the Recovery of Debts and Bankruptcy Act, 1993?
Answer and explanation
Correct answer A
Section 31A is headed "Power of Tribunal to issue certificate of recovery in case of decree or order". Transfer of pending suits is section 31, the appeal against the Recovery Officer is section 30, and the priority of secured creditors is section 31B.