The Mizoram Public Demands Recovery (Amendment) Act, 2010

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General20105 sections

This Act amends the Mizoram Public Demands Recovery Act, 2001, to update how the state recovers money owed to the government and financial institutions. It expands the definition of "public demand" to include debts owed to Scheduled Banks and approved financial institutions, not just the government. The law also removes specific magistrates from the recovery process and sets a strict 30-day deadline for appealing orders made by Certificate Officers. These changes streamline the recovery process and ensure that debt collection rules align with broader banking regulations.

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1. Short title, and Commencement
2. Amendment of Section 1 of the Principal Act
3. Amendment of Section 2 of the Principal Act
4. Amendment of Section 31 of the Principal Act
0. Preamble

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