The appellants, guarantors of a term loan granted by the Haryana State Industrial and Infrastructure Development Corporation (HSIDC) to Khemka Ispat Ltd, faced recovery notices under the Haryana Public Moneys (Recovery of Dues) Act, 1979 and the State Financial Corporation Act, 1951 after the loan …
The appellant, a promoter of a limited company, entered into a buy‑back agreement with Haryana Financial Corporation, which later issued a recovery notice under the Haryana Public Moneys (Recovery of Dues) Act, 1979 claiming arrears of land revenue. The appellant filed a civil suit seeking …
The appellant, a former director of Depro Foods Pvt. Ltd., challenged a recovery certificate issued under Section 3 of the Haryana Public Moneys (Recovery of Dues) Act, 1979, which sought to recover a shortfall of Rs. 18,22,178.05 from him without any prior notice or hearing. The High Court had held …
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