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The SC held that the recovery by the Civil Supplies Corporation qualifies as a 'public demand' under the Act and Rules. The definition of 'public demand' is broad, encompassing arrears mentioned in Schedule I and loans/advances payable to the State Govt. The Civil Supplies Corporation, as the State's nodal agency, can initiate recovery proceedings against Rice Millers for unaccounted rice at FCI depots. However, the initiation violated principles of natural justice. The Rice Millers can avail statutory remedies to challenge the recovery certificate within 30 days, without limitation period being an issue. The appeal is dismissed.