Section 7A of ECA : Section 7A: Power Of Central Government To Recover Certain Amounts As Arrears Of Land Revenue

Explanation using Example

Imagine a scenario where a company, "X Grain Suppliers," is ordered under Section 3 of the Essential Commodities Act to sell a portion of its wheat stock at a controlled price to maintain supply in the market. The company is also required to deposit a certain amount of money into a government fund designed to stabilize food prices.

However, "X Grain Suppliers" fails to comply with the order and does not sell the wheat at the controlled price, nor does it deposit the required amount into the government fund. As a result, under Section 7A of the Essential Commodities Act, the government decides to recover the defaulted amount as arrears of...

Login to access all pages and read more content.

To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.