The Gujarat Public Moneys (Recovery of Dues) Act, 1979
The Gujarat Public Moneys (Recovery of Dues) Act, 1979
This Act provides a streamlined mechanism for the Gujarat state government, government companies, state financial corporations, and banks to recover unpaid financial assistance and public dues. It applies to individuals, agricultural workers, and business entities that receive government loans, grants, financial aid for industrial undertakings, or support under state-sponsored schemes and subsequently default on their repayment obligations. Instead of navigating lengthy civil court proceedings, authorities can issue recovery certificates to the local Collector to collect outstanding debts directly as arrears of land revenue. This law matters because it ensures swift recovery of public funds, protects state-backed financial institutions, and maintains fiscal discipline in development initiatives.
PDF: pending for this language.