Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 16] [Entire Act]

State of Odisha - Section

Section 14 in The Orissa Public Demands Recovery Act, 1962

14. Interest, costs and charges recoverable.

- There shall be recoverable, in the proceedings in execution of every certificate filed under this Act -
(a)interest upon the public demand to which the certificate relates, at the rate of twelve and a half per centum per annum from the date of the signing of the certificate upto the date of realisation:
Provided that in cases where the Certificate Officer is satisfied that the certificate-debtor has made default in payment of the dues wilfully and without reasonable cause such interest may be charged at a rate not exceeding [eighteen] [Substituted vide O.P.D.R. (Amendment) Act, 1981-O.A. No. 23 of 1981.] per centum per annum;
(b)such costs as are directed to be paid under Section 53; and
(c)all charges incurred in respect of -
(i)the service of notice under Section 6 and of warrants and other processes; and
(ii)all other proceedings taken for realising the demand.