Section 22
Disbursement of money by the Commissioner.
The Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982
About this Act
An Act to provide for the acquisition and transfer of the undertakings of the Andhra Scientific Company Limited, with a view to securing the proper management of such undertakings so as to subserve the interests of the general public by ensuring the continuity of production of scientific instruments which are vital to the needs of the country and for matters connected therewith or incidental thereto.
After admitting a claim under this Act, the
amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom
such amount is due, and on such payment, the liability of the Company in respect of such claim shall
stand discharged.