Amendment status not verified — confirm the current text below against the official source.
Any amount due to a bank or a financial institution from any person :in respoct of any amount advanced or granted under any scheme in the form of financial assistance shall, apart from any other mode of recovery, be recoverable . under provisions of this Act . .. . . ·. Provided that no proceeding under this Act shall be proceeded with ·t·'itnultaneously before any other forum for recovering the amount that is the subject · 'matter of the certificate. Explanation-The dues ref erred to above shall also apply to any amount ,advanced or granted by way of any such loan before the date on which tru• Act tomes into force and remaining unpaid on such day. ·.· Printed at the Directorate of Ptg, A Sty., Govt, of M?ip1u 310-C/14-5-2003.