Section 32G:
Recovery of amounts due to the Financial Corporation as an arrear of land revenue.
1[32G. Recovery of amounts due to the Financial Corporation as an arrear of land
revenue.--Where any amount is due to the Financial Corporation in respect of any accommodation
granted by it to any industrial concern, the Financial Corporation or any person authorised by it in writing
in this behalf, may, without prejudice to any other mode of recovery, make an application to the State
Government for the recovery of the amount due to it, and if the State Government or such authority, as
that Government may specify in this behalf, is satisfied, after following such procedure as may be
prescribed, that any amount is so due, it may issue a certificate for that amount to the Collector, and the
Collector shall proceed to recover that amount in the same manner as an arrear of land revenue.]
Notes:
1. Ins. by Act 43 of 1985, s. 21 (w.e.f. 21-8-1985).