Section 9:
Payment of further amount.
(1) For the deprivation of the Company of the management of its
undertakings, there shall be given to the Company by the Central Government an amount calculated at the
rate of rupees fifty thousand per annum for the period commencing on the date on which the management
of the undertakings of the Company was taken over by the Central Government and ending on the
appointed day.
(2) In consideration of the retrospective operation of the provisions of sections 3, 4 and 5, there shall
also be given, in cash, by the Central Government to the Company, an amount equal to an amount
calculated at the rate of rupees fifty thousand per annum for the period commencing on the appointed day
and ending on the date of promulgation of the Ordinance.
(3) The amount specified in section 8 and the amount determined under sub-sections (1) and (2) shall
carry simple interest at the rate of four per cent. per annum for the period commencing on the date of
promulgation of the Ordinance and ending on the date on which payment of such amounts is made by the
Central Government to the Commissioner.
(4) The amounts determined in accordance with the provisions of sub-sections (1), (2) and (3) shall be
given by the Central Government to the Company in addition to the amount specified in section 8.
(5) For the removal of doubts, it is hereby declared that the liabilities of the Company, in relation to
its undertakings which have vested in the Central Government under section 3, shall be discharged from
the amounts referred to in section 8, and also from the amounts determined under sub-sections (1), (2)
and (3) in accordance with the rights and interests of the creditors of the Company.