Recovery certificate issuance requires specified penalty, interest, recovery modes and a fifteen day deposit period; clerical errors may be rectified. The Commission shall issue a recovery certificate through the Secretary to be executed by the recovery officer where an enterprise or person is in default or deemed in default, specifying the penalty amount and interest, modes of recovery, and giving fifteen days to deposit the penalty; the Commission may rectify clerical or arithmetical mistakes in the certificate or extend the time for payment.
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Recovery certificate issuance requires specified penalty, interest, recovery modes and a fifteen day deposit period; clerical errors may be rectified.
The Commission shall issue a recovery certificate through the Secretary to be executed by the recovery officer where an enterprise or person is in default or deemed in default, specifying the penalty amount and interest, modes of recovery, and giving fifteen days to deposit the penalty; the Commission may rectify clerical or arithmetical mistakes in the certificate or extend the time for payment.
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