LawgistThe Hind Cycles Limited and Sen-Raleigh Limited (Nationalisation) Act
20Examination of claims
(1) On receipt of the claims made under section 18, the Commissioner shall arrange the claims in the order of priorities specified in the Third Schedule and examine the same in accordance with such order.
(2) If, on examination of the claims, the Commissioner is of opinion that the amount paid to him under this Act is not sufficient to meet the liabilities specified in any lower category, he shall not be required to examine the claims in respect of such lower category.
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COMMISSIONER OF PAYMENTS
- 15 Appointment of Commissioner of Payments
- 16 Payment by Central Government to the Commissioner
- 17 Certain powers of Central Government or Government companies
- 18 Claims to be made to the Commissioner
- 19 Priority of claims
- 20 Examination of claims
- 21 Admission or rejection of the claims
- 22 Disbursement of money by the Commissioner
- 23 Disbursement of amounts to the two companies
- 24 Undisbursed or unclaimed amount to be deposited with the general revenue account
