Chapter VI — Commissioner Of Payments

Section 21 — Disbursement of amounts to the Company and possession of certain machinery, equipment, etc

Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act, 1980 · Preview

(1) If, out of the monies paid to him in relation to the undertakings of the Company, there is a balance left after meeting the liabilities as specified in the Schedule II, the Commissioner shall…