Act Number: 71

Act Name: The Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982

Year: 1982

Enactment Date: 1982-11-13

Long Title: 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.

Ministry: Ministry of Defence

Department: Department of Defence Production

Section 20: Examination 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 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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