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Section 24: Undisbursed or unclaimed amounts to be deposited to the general revenue account

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

Any money paid to the Commissioner which remains undisbursed or unclaimed for a period of three years from the last day on which the disbursement was made shall be transferred by the Commissioner to the general revenue account of the State Government, but a claim to any money so transferred may be preferred to the State Government by the person entitled to such payment and shall be dealt with as if such transfer and had not been made, the order, if any, for payment of the claim being treated as an order for the refund of revenue.

5062895/2021/IND (C) 167

CHAPTER VII MISCELLANEOUS

Where this provision sits

ActKerala Sick Textile Undertakings(Acquisition and Transfer of Undertakings) Act, 1985(27 of 1985)
Section24
Marginal noteUndisbursed or unclaimed amounts to be deposited to the general revenue account
JurisdictionState of Kerala
StatusIn force as published by the source

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