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Section 22: Disbursement of money by the Commissioner to claimants

Kerala Sick Textile Undertakings(Acquisition and Transfer of Undertakings) Act, 1985(27 of 1985)State Act of Kerala · Act 27 of 1985

After admitting a claim under this Act, the amount due in respect of such claim shall be credited by the Commissioner to the relevant fund or be paid to the person or persons to whom such sums are due and on such credit or payment the liability of the owner in respect of such claim shall stand discharged.

Where this provision sits

ActKerala Sick Textile Undertakings(Acquisition and Transfer of Undertakings) Act, 1985(27 of 1985)
Section22
Marginal noteDisbursement of money by the Commissioner to claimants
JurisdictionState of Kerala
StatusIn force as published by the source

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