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Section 17

The Anglo-French Textiles Limited (Acquisition and Transfer Oftextile Undertaking) Act, 1986Union territory Act of Puducherry · Act 7 of 1986

(1) On receipt of the claims under section 15, the Commissioner shall arrange the claims in the order of priority specified in the Second Schedule and examine the same in accordance with the said order.

(2) If, on examination of the claims, the Commissioner is of the opinion that the amount paid to him under this Act is not sufficient to meet the liabilities specified in any lower category, he shall not be required to examine the liabilities in respect of such lower category.

Admission or rejection of claims

Where this provision sits

ActThe Anglo-French Textiles Limited (Acquisition and Transfer Oftextile Undertaking) Act, 1986
Section17
JurisdictionUnion territory of Puducherry
StatusIn force as published by the source

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