In case the Committee decides that recovery action is to be initiated against an enterprise, such enterprise may request for a review of the decision by the Committee within a period of ten working days from the date of receipt of the decision of the Committee.
The request for review shall be on the following grounds:
- a mistake or error apparent on the face of the record; or
- discovery of new and relevant fact or information which could not be produced before the Committee earlier despite the exercise of due diligence by the enterprise.
A review application shall be decided by the Committee within a period of thirty days from the date of filing and if as a consequence of such review, the Committee decides to pursue a fresh corrective action plan, it may do so.
Non-viable Units: Units declared as ‘unviable’ after a viability study will be proceeded against for initiating appropriate recovery proceedings.