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2001 (11) TMI 21 - HC - Income TaxBanks And Financial Institutions - Recovery Of Debt - in order to achieve the object for which the Act has been enacted, namely, expeditious recovery of the dues of banks and financial institutions, Parliament has not only fixed a time schedule but also made a departure from the normal provision of the Code of Civil Procedure. Therefore, the contention of the petitioners that the provisions of the Income-tax Rules' are ultra vires the Constitution cannot be accepted. - For the reasons discussed above, the writ petition lacks merit and is dismissed
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