The Goa, Daman and Diu Public Moneys (Recovery of Dues) Act, 1986

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The Goa, Daman and Diu Public Moneys (Recovery of Dues) Act, 1986

Act 10 of 1987

Keyword(s):
Bank, Corporation, Financial Assistance, Government Company, Industrial
Concern, Industrial Undertaking

Amendments appended: 14 of 1990, 17 of 2014



Manual of Goa Laws (Vol. III) – 853 – Public Moneys (Recovery of Dues) Act 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

The Goa, Daman and Diu Public Moneys 
(Recovery of Dues) Act, 1986 



Manual of Goa Laws (Vol. III) – 855 – Public Moneys (Recovery of Dues) Act 

 

The Goa, Daman and Diu Public Moneys (Recovery of Dues)  
Act, 1986 

1. The Goa, Daman and Diu Public Moneys (Recovery of Dues) Act, 1986 
(Act No. 10 of 1987) [22-5-1987] published in the Official Gazette, Series I No. 20 
dated 13th August, 1987. 

2. The Goa, Daman and Diu Public Moneys (Recovery of Dues) 
(Amendment) Act, 1990 (Act No. 14 of 1990)  [11-09-1990] published in the 
Official Gazette, Series I  No. 26 dated 27-09-1990 and came into force at once.  

3. The Goa, Daman and Diu Public Moneys (Recovery of Dues) 
(Amendment) Act, 1993 (Act No. 11 of 1993)  [4-5-1993] published in the 
Official Gazette, Series I  No. 10 dated 03-06-1993 and came into force at once.  

Arrangement Sections 

1 Short title, extent and commencement 
2 Definitions 
3 Recovery of dues as arrears of land revenue
4 Interest of State Government, 

Corporation, etc. not to be affected 

5 Act not to debar recovery of dues in 
respect of financial assistance given by the 
bank to agriculturist  

6 Power to make rules   
7 Suits in Civil Courts to abate 

 

GOVERNMENT OF GOA 
Law (Legal and Legislative Affairs) Department 

— 
Notification 
7-25-86/LA 

The Goa, Daman and Diu Public Moneys (Recovery of Dues) Act, 1986 (Act 10 of 
1987) which has been passed by the Legislative Assembly of Goa, Daman and Diu  
on 5-8-1986 and assented to by the President of India on 22-5-1987, is hereby published 
for the general information of the public. 

P. V. Kadnekar,Under Secretary (Drafting).  

Panaji, 9th June, 1987.  
______ 

The Goa, Daman and Diu Public Moneys (Recovery of Dues)  
Act, 1986 

(Act No. I0 of 1987)  [22-5-1987] 

AN 

ACT 

to provide for the speedy recovery of certain classes of dues payable to the State 
Government, Financial Corporations and other Corporations owned or controlled by 
the State Government, Government Companies and nationalised and other Banks. 



Manual of Goa Laws (Vol. III) – 856 – Public Moneys (Recovery of Dues) Act 

 

Be it enacted by the Legislative Assembly of Goa, Daman and Diu in the Thirty- 
-seventh Year of the Republic of India as follows:— 

1. Short title, extent and commencement.— (1) This Act may be called the Goa, 
Daman and Diu Public Moneys (Recovery of Dues) Act, 1986. 

(2) It extends to the whole of the Union territory of Goa, Daman and Diu. 

(3) It shall come into force on such date as the Government may, by notification in the 
Official Gazette, appoint. 

2. Definitions.— In this Act, unless the context otherwise requires,— 

(a) “Agriculture” includes horticulture, raising of crops, grass or garden produce, 
animal husbandry, dairy farming, poultry farming and breeding of livestock; 

(b) “Bank” means 

(i) a banking company as defined in the Banking Regulation Act, 1949; 

(ii) the State Bank of India constituted under the State Bank of India Act, 1955; 

(iii) a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) 
Act, 1959; 

(iv) a corresponding new bank constituted, under the Banking Companies 
(Acquisition and Transfer of undertakings) Act, 1970; 

(v) any banking Institution notified by the Central Government under section 51 
of the Banking Regulations Act, 1949; 

(vi) any other financial institution notified by the State Government by a 
notification in the Official Gazette as a bank for the purposes of this Act. 
1[(bb) ‘Collector’ means the Collector of a district and includes any other officer 

appointed  by the State Government  to exercise  and perform all or any of the powers 
and functions of a Collector  under this Act;]. 

(c) “Corporation” means the Financial Corporation established or functioning in this 
Union territory and includes any other Corporation owned or controlled by the Central 
or the State Government specified by the State Government by a notification in the 
Official Gazette. 

(d) “Financial Assistance” means any kind of financial assistance given:—  

(i) for establishing, expanding, modernising, renovating or running any industrial  
undertaking; or 

(ii) for the purpose of vocational training; or 

(iii) for the development of agriculture or agro industry; or 

                                                           
1 Inserted by the Amendment Act 14 of 1990. 



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(iv) for the purpose of any kind of planned development recognised by the State  
Government; or 

(v) for relief against distress caused by fire, or serious drought, flood, or other 
natural calamities; or 

(vi) for the purpose of carrying out any Government sponsored scheme; or 

(vii) for any other prescribed purpose; 

(e) “Government Company” means a Government Company as defined under 
section 617 of the Companies Act, 1956. 

(f) “Industrial concern” shall have the same meaning as is assigned to that 
expression in the State Financial Corporation Act, 1951. 

(g) “Industrial undertaking” includes any undertaking for the manufacture, 
preservation, storage or processing of goods or the generation or distribution of 
electricity or any other form of energy, or for the development of any contiguous area 
of land as an industrial estate. 

Explanation: The expression “processing of goods” includes any act or process for 
producing, repairing or making an article by subjecting any material to a manual, 
chemical, electrical or any other like operation; 

(i) “prescribed” means prescribed by rules made under this Act. 

(ii) “Government sponsored scheme” means a scheme sponsored or adopted by the 
State Government or an Officer authorised by it in this behalf for development of 
agriculture or industry and notified as such by the Government or the authorised 
officer, by a notification in the Official Gazette for the purpose of this Act. 

(h) “State Government” means the Government of Goa, Daman and Diu. 

3. Recovery of dues as arrears of land revenue.— (1) Where any person is a party—  

(a) to any agreement relating to a loan, advance or grant given to him or relating 
to credit in respect of, or relating to hire purchase of goods sold to him by the State 
Government, the Corporation or as the case may be; the Government Company by 
way of financial assistance; or 

(b) to any agreement relating to a loan, advance or grant given to him relating to 
credit in respect of, or relating to hire purchase of goods sold to him by a Bank or 
Government Company, as the case may be under Government sponsored scheme; 
or 

(c) to any agreement relating to a guarantee given by the State Government or 
the Corporation in respect of a loan raised by an industrial concern; or 

(d) to any agreement providing that any money payable thereunder to the State 
Government or the Corporation shall be recoverable as arrears of land revenue  



Manual of Goa Laws (Vol. III) – 858 – Public Moneys (Recovery of Dues) Act 

 

2[ under the provisions of the Goa, Daman and Diu Land Revenue Code, 1968 (Act 
9 of  1969)]; 

and such person—  

(i) makes any default in payment of the loan or advance of any instalment 
thereof; or 

(ii) having become liable under the conditions of the grant to refund the grant or 
any portion thereof, makes any default in the refund of such grant or portion or any 
instalment thereof, or 

(iii) otherwise fails to comply with the terms of the agreement—  

then, in the case of the State Government such Officer as may be authorised in that 
behalf by the State Government by notification in the Official Gazette, in the case 
of a Corporation or a Government Company, the Managing Director thereof or 
where there is no Managing Director, the Chairman thereof, by whatever name 
called, and in the case of a Bank, the local agent thereof by whatever name called, 
may send to the Collector a certificate as early as possible in the prescribed form 
mentioning the sum due from such person and requesting that such sum may be 
recovered as if it were an arrear of land revenue 3[under the provisions of the Goa, 
Daman and Diu Land Revenue Code, 1968 (Act 9 of  1969)]. 

(2) The Collector on receiving the certificate shall after making such enquiries 
(including giving hearing to the party affected) as he deems fit proceed to recover the 
amount stated therein as aforesaid as arrears of land revenue 4[under the provisions of the 
Goa, Daman and Diu Land Revenue Code, 1968 (Act 9 of 1969)]. 

(3) On recovery of any amount under sub-section (2), the same shall be paid over to 
the State Government, Corporation, Government Company or as the case may be, bank 
after deducting, except in the case of amount to be paid to the State Government, such 
portion of the amount realised, as cost of collection, as the Collector, may deem to be 
reasonable. 

(4) No suit for the recovery of any such due as aforesaid shall lie in a Civil Court 
against any person referred to in sub-section (1) and no injunction shall be granted by a 
Civil Court in respect of any action taken or intended to be taken in pursuance of the right 
conferred by this section. 

4. Interest of State Government, Corporation, etc. not to be affected.— (1) 
Nothing in section 3 shall— 

(a) affect any interest of the State Government, the Corporation or the Government 
Company or any bank in any property, created by any mortgage, charge, pledge, or 
other encumbrance; or 

                                                           
2 Inserted by the Amendment Act 11 of 1993. 
3 Inserted by the Amendment Act 11 of 1993. 
4 Inserted by the Amendment Act 11 of 1993. 



Manual of Goa Laws (Vol. III) – 859 – Public Moneys (Recovery of Dues) Act 

 

(b) bar a suit or affect any other right or remedy against any person other than a 
person referred to in that section, in respect of a contract of indemnity or guarantee 
entered into in relation to an agreement referred to in clause (a). 

(2) Where the property of any person referred to in section 3 is subject to any 
mortgage, charge, pledge, or other encumbrance in favour of the State Government, the 
Corporation, a Government Company or a Bank then—  

(a) in every case of a pledge of goods, proceedings shall first be taken for sale of 
the goods pledged, and if the proceeds of such sale are less than the sum due, then 
proceedings shall be taken for recovery of the balance as if it were an arrear of land 
revenue: 

Provided that where the Collector is of the opinion that it is necessary so to do for 
safeguarding the recovery of the sum due to the State Government, Corporation, 
Government Company or Bank, as the case may be, he may, for reasons to be 
recorded direct proceedings to be taken for the recovery of the sum due as if it were 
an arrear of land revenue before or at the same time the proceedings are taken for sale 
of the goods pledged. 

(b) in every case of mortgage, charge or other encumbrance of immovable property 
the said property or as the case may be the interest of the defaulter therein, shall first 
be sold in proceedings for recovery of the sum due from that person as if it were an 
arrear of land revenue, and any other proceedings may be taken thereafter only if the 
Collector certifies that there is no prospect for realisation of the entire sum due 
through the first mentioned process within reasonable time. 

5. Act not to debar recovery of dues in respect of financial assistance given by the 
bank to agriculturist.— Subject to the provisions of sub-section (3) of section 3, nothing 
in this Act shall debar the recovery of dues in respect of financial assistance given by a 
bank to an agriculturist or the security of a charge or mortgage created by the agriculturist 
on any land or interest therein in favour of the bank, where such dues are recoverable by 
the Bank under the provisions of any other law for the time being in force. 

6. Power to make rules.— (1) The State Government may, by notification in the 
Official Gazette and subject to the condition of previous publications, make rules for the 
purpose of carrying out the provisions of this Act. 

(2) In particular and without prejudice to the generality of the foregoing powers, such 
rules may be made for all or any of the following matters, namely:—  

(a) any other purpose to be prescribed under sub-clause (vii) of clause (d) of  
section 2. 

(b) the form of certificate to be sent under sub-section (1) of section 3. 

(c) any other matter which is to be or may be prescribed. 

7. Suits in Civil Courts to abate.— All suits of the nature referred to in sub-section 
(4) of section 3 pending in any Civil Court immediately before the commencement of this 
Act shall abate upon such commencement so however that such abatement shall be 



Manual of Goa Laws (Vol. III) – 860 – Public Moneys (Recovery of Dues) Act 

 

without prejudice to the right of the State Government, Corporation, Government 
Company or Bank, as the case may be, to recover any sum which may be the subject 
matter of such suit in accordance with the provisions of this Act, or any other law for the 
time being in force. 

 

Secretariat, M. RAGHUCHANDER, 
Panaji-Goa. Secretary to the Government of Goa, 
 Daman and Diu, 
Dated: 9th June, 1987 Law Department (Legal Affairs). 

 

 
 





955

Panaji, 24th September, 2014 (Asvina 2, 1936) SERIES I No. 25

Reg. No. GR/RNP/GOA/32 RNI No. GOAENG/2002/6410

PUBLISHED  BY  AUTHORITY

GOVERNMENT OF GOA
Department of Law & Judiciary

Legal Affairs Division
___

Notification

7/11/2014-LA

The Goa Public Moneys (Recovery of Dues)
(Amendment) Act, 2014 (Goa Act 17 of 2014),
which has been passed by the Legislative
Assembly of Goa on 20-08-2014 and assented
to by the Governor of Goa on 22-09-2014, is
hereby published for general information of
the public.

Sharad G. Marathe, Joint Secretary (Law).

Porvorim, 24th September, 2014.

_______

The Goa Public Moneys (Recovery of Dues)
(Amendment) Act, 2014

                   (Goa Act 17 of 2014)    [22-9-2014]

AN

  ACT

further to amend the Goa, Daman and Diu
Public Moneys (Recovery of Dues) Act, 1986
(Act No. 10 of 1987).

Be it enacted by the Legislative Assembly

of Goa in the Sixty-fifth Year of the Republic of

India, as follows:—

EXTRAORDINARY
No. 2

Suggestions are welcome on e-mail: dir–gpps.goa@nic.in

1. Short title and commencement.— (1) This

Act may be called the Goa Public Moneys

(Recovery of Dues) (Amendment) Act, 2014.

(2) It shall come into force at once.

2. Amendment of long title.— In the Goa,

Daman and Diu Public Moneys (Recovery of

Dues) Act, 1986 (Act No. 10 of 1987)

(hereinafter referred to as the “principal

Act”), in the long title, the expression

“, Daman and Diu”  shall be omitted.

3. Amendment of section 1.— In the

principal Act,—

(i) in sub-section  (1) of section 1 and in any

other sections, the expression

“, Daman and Diu” shall be omitted;

(ii) in sub-section (2),  for the expression

“Union territory of Goa, Daman and Diu”, the

expression “State of Goa” shall be substituted.

4. Amendment of section 2.— In section 2

of the principal  Act, in clause (c), for the

words “Union territory”, the word “State”

shall be substituted.

5. Amendment of section 3.— In section 3

of the principal Act,—


	1987GOA10.pdf
	1990GOA14.pdf