section 16
Interest, costs and charges recoverable
The Manipur Public Demand Recovery Act, 2003There shall be recoverable, in the proceedings in execution of every certificate filed under this Act- (a) Interest calculated in such manner as may be prescribed upon the public demand to which the certificate relates, at the rate of six per cent per annum from the date of the signing of the certificate up to the date of realization; Provided that- (i) no interest shall be charged if the amount of public demand is less than one hundred rupees, or if the period from the date of signing the certificate up to the date of realisation does not exceed three months; (ii) no interest shall be charged for the period during which the execution proceedings are stayed under an order passed by the Certificate-officer at the instance of the Certificate holders; and (iii) no interest shall be charged for the period during which the execution proceedings are stayed under an order passed in appeal or in revision or by a Court at the instance of the Certificate holder or any person other than the certificate-debtor; (b) costs as are directed to be paid under section 42; and (c) charges incurred in respect of- (i) the service of notice and other processes under section 6, and (ii) any other proceedings under this Act and of warrants and other.
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