Bare ActsThe Madhya Pradesh State Aid to Industries Act, 1958

Section 27

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(1) All moneys recoverable under this Chapter including any interest chargeable thereon and costs, if any, incurred, if not paid when they are due may be recovered by the Collector on a requisition from the Director, from the person aided and his surety, if any , as if they were arrears of land revenue. 2) When any sum due as afore4said is paid to the Director by the surety or is recovered from his or out of his property by the Director, the Director shall, on the application of the surety, so far as possible, recover the sum from the person aided and pay it to the surety. Recovery of moneys due under this Chapter. 28 (1) Save as otherwise may be prescribed nothing in sub-section (2) of section 12 and sections 16 and 17 shall apply to small scale industries. (2) The State Government may, by order, direct that all or any of the powers conferred on it by or under this Act or rules made there under shall, in relation to small scale industries, be exercisable by any officer or authority subordinate to it and when any powers are so delegated, they shall be exercised subject to such directions as the State Government may issue from time to time . (3) Not withstanding anything contained in any law for the time being in force, the powers referred to in subsection (2) may also be delegated by the State Government in the same manner and to the same extent as is specified therein to the M.P.Financial Corporation or a Co-operative Credit Society registered under any law relating to co-operative Societies in force in any region of the State and when any powers are so delegated, they shall be exercised subject to such directions as the State .Government may issue from time to time Special provision for small scale indutries Chapter IV-Supplemental

Section 27 – The Madhya Pradesh State Aid to Industries Act, 1958 | DailyLaw.ai