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Section 27: Assessment of assets and liabilities of undertaking.

The India International Arbitration Centre Act, 2019Central Act · Act 17 of 2019

The assets and liabilities in relation to any undertaking under this Act shall be caused to be assessed by any agency authorised by the Comptroller and Auditor-General of India in such manner as may be specified by him and any payment on a claim to be made in relation thereto shall be settled by him between the Society and the Central Government and shall be paid by the Society or the Central Government, as the case may be, in the manner as may be specified by the Comptroller and Auditor-General of India.

Where this provision sits

ActThe India International Arbitration Centre Act, 2019
Section27
Marginal noteAssessment of assets and liabilities of undertaking.
JurisdictionCentral
StatusIn force as published by the source

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