Section 21
Disbursement of money by the Commissioner.
The Jute Companies (Nationalisation) Act, 1980
About this Act
An Act to provide for the acquisition and transfer of the undertakings of the jute companies, specified in the First Schedule with a view to securing the proper management of such undertakings so as to subserve the interests of the general public by ensuring the continued manufacture, production and distribution of articles made of jute, which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto.
After admitting a claim against a jute
company 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 such jute
company in respect of such claim shall stand discharged.