Every person having a claim against the owner of a sick textile undertaking shall prefer such claim before the Commissioner within ninety days from the specified date:
Provided that if the Commissioner is satisfied that the claimant was prevented by sufficient cause from preferring the claim within the said period of ninety days may entertain the claim within a further period of thirty days but not thereafter.
5062895/2021/IND (C) 163 1(18A. Certain rights of the State Textile Corporation.- (1) The State Textile Corporation shall be entitled to receive, upto the specified date, to the exclusion of all other persons, any money due to the sick textile undertaking realised after the appointed day, notwithstanding that the realisation pertains to a period prior to the appointed day.
(2) The State Textile Corporation may make a claim to the Commissioner with regard to every payment made by the sick textile undertaking after the first day of September, 1983 but before the fifth day of October, 1984, in relation to any period prior to the appointed day and every such claim shall have priority in accordance with the priorities under this Act.
(3) Save as otherwise provided in this Act, the liabilities in relation to a sick textile undertaking in respect of any period prior to the appointed day, which have not been discharged by the authorised person, shall be the liabilities of the owner of that sick textile undertaking).