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(1) After examining the claims, the Commissioner shall fix a
certain date on or before which every claimant shall file the proof of his claim or be excluded from the
benefit of the disbursements made by the Commissioner.
(2) Not less than fourteen days' notice of the date so fixed shall be given by advertisement in one
issue of daily newspaper in the English language and in one issue of such daily newspaper in the regional
language as the Commissioner may consider suitable, and every such notice shall call upon the claimant
to file the proof of his claim with the Commissioner within the time specified in the advertisement.
(3) Every claimant, who fails to file the proof of his claim within the time specified by the
Commissioner, shall be excluded from the disbursements made by the Commissioner.
(4) The Commissioner shall, after such investigation as may, in his opinion, be necessary, and after
giving the Company an opportunity of refuting the claim and after giving the claimant a reasonable
opportunity of being heard, in writing, admit or reject the claim in whole or in part.
(5) The Commissioner shall have the power to regulate his own procedure in all matters arising out of
the discharge of his functions, including the place or places at which he will hold his sittings and shall, for
the purpose of making an investigation under this Act, have the same powers as are vested in a civil court
under the Code of Civil Procedure, 1908 (5 of 1908), while trying a suit, in respect of the following
matters, namely:--
(a) the summoning and enforcing the attendance of any witness and examining him on oath;
(b) the discovery and production of any document or other material object producible as
evidence;
(c) the reception of evidence on affidavits;
(d) the issuing of any commission for the examination of witnesses.
(6) Any investigation before the Commissioner shall be deemed to be a judicial proceeding within the
meaning of sections 193 and 228 of the Indian Penal Code (45 of 1860) and the Commissioner shall be
deemed to be a civil court for the purposes of section 345 and Chapter XXVI of the Code of Criminal
Procedure, 1973 (2 of 1974).
(7) A claimant, who is dissatisfied with the decision of the Commissioner, may prefer an appeal
against the decision to the principal civil court of original jurisdiction within the local limits of whose
jurisdiction the registered office of the Company is situated.
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