Recovery of amounts: enforcement includes attachment, sale, bank account garnishment, arrest and receivership for unpaid regulatory sums. Section 19-IB empowers a Recovery Officer to certify amounts due for penalties, disgorgement or fees and recover them by attachment and sale of movable and immovable property, attachment of bank accounts, arrest and detention, and appointment of a receiver, applying specified Income-tax certificate proceedings with necessary modifications; transfers to certain relatives after the debt arose are includable in the person's assets, appeals are to the Securities Appellate Tribunal, assistance of local district administration may be sought, and such recoveries have precedence over other claims.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recovery of amounts: enforcement includes attachment, sale, bank account garnishment, arrest and receivership for unpaid regulatory sums.
Section 19-IB empowers a Recovery Officer to certify amounts due for penalties, disgorgement or fees and recover them by attachment and sale of movable and immovable property, attachment of bank accounts, arrest and detention, and appointment of a receiver, applying specified Income-tax certificate proceedings with necessary modifications; transfers to certain relatives after the debt arose are includable in the person's assets, appeals are to the Securities Appellate Tribunal, assistance of local district administration may be sought, and such recoveries have precedence over other claims.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
