After admitting a claim under this Act, the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such amount is due and on such payment, the liability of the Company in respect of any claim relating to the undertakings owned by it shall stand discharged.
Section 22: Disbursement of money by the Commissioner.
The National Company Limited (Acquisition and Transfer of Undertakings) Act, 1980Central Act · Act 42 of 1980
Where this provision sits
| Act | The National Company Limited (Acquisition and Transfer of Undertakings) Act, 1980 |
|---|---|
| Section | 22 |
| Marginal note | Disbursement of money by the Commissioner. |
| Jurisdiction | Central |
| Status | In force as published by the source |
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The National Company Limited (Acquisition and Transfer of Undertakings) Act, 1980 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.