Section 21
Disbursement of money by the Commissioner to claimants. Repealed
About this Act
An Act to provide for the acquisition and transfer of the undertakings of Messrs. Gresham and Craven of India (Private) Limited for the purpose of ensuring the continuity of production of goods which are vital to the needs of the Railways and of the industries manufacturing engineering products and for matters connected therewith or incidental thereto.
After admitting a claim under
this Act, the amount due in respect of such claims shall be paid by the Commissioner to the person or
persons to whom such sums are due, and, on such payment, the liability of the Company in respect of
such claim shall stand discharged.