(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. (2) Not less than fourteen days' notice of the date so fixed shall be given by advertisement in one issue of such daily newspaper in the English language, in one issue of such daily newspaper in the Marathi language and in one issue of such daily newspaper in any other regional language as the Commissioner may consider suitable, and every such notice shall call upon every 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 claims 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 also decide any dispute as to the person or persons who are entitled to the amount and any dispute as to who are the legal representatives of any deceased claimant. (6) 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 (V 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. (7) 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 (XLV 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 (II of 1974). (8) A claimant, who is dissatisfied with the decision of the Commissioner, may prefer an appeal against the decision to the Bombay City Civil Court, within the local limits of whose jurisdiction the registered office of the Company is situated.
<span style="margin-left:15px;"></span>(<i>1</i>) After examining the claims, the Commissioner shall fix a certain date on or before which every claimant shall file the proof of his claim.<br> <span style="margin-left:15px;"></span>(<i>2</i>) Not less than fourteen days' notice of the date so fixed shall be given by advertisement in one issue of such daily newspaper in the English language, in one issue of such daily newspaper in the Marathi language and in one issue of such daily newspaper in any other regional language as the Commissioner may consider suitable, and every such notice shall call upon every claimant to file the proof of his claim with the Commissioner within the time specified in the advertisement.<br> <span style="margin-left:15px;"></span>(<i>3</i>) Every claimant, who fails to file the proof of his claims within the time specified by the Commissioner, shall be excluded from the disbursements made by the Commissioner.<br> <span style="margin-left:15px;"></span>(<i>4</i>) 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.<br> <span style="margin-left:15px;"></span>(<i>5</i>) The Commissioner shall also decide any dispute as to the person or persons who are entitled to the amount and any dispute as to who are the legal representatives of any deceased claimant.<br> <span style="margin-left:15px;"></span>(<i>6</i>) 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 (V of 1908), while trying a suit, in respect of the following matters, namely :-<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>a</i>) the summoning and enforcing the attendance of any witness and examining him on oath;<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><i>(b)</i> the discovery and production of any document or other material object producible as evidence ;<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>c</i>) the reception of evidence on affidavits ;<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(<i>d</i>) the issuing of any commission for the examination of witnesses.<br> <span style="margin-left:15px;"></span>(<i>7</i>) 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 (XLV 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 (II of 1974).<br> <span style="margin-left:15px;"></span>(<i>8</i>) A claimant, who is dissatisfied with the decision of the Commissioner, may prefer an appeal against the decision to the Bombay City Civil Court, within the local limits of whose jurisdiction the registered office of the Company is situated.<br> <br>