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Section 20: Examination of claims.

The Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986Central Act · Act 30 of 1986

(1) On receipt of the claims made under section 18, the Commissioner shall arrange the claims in the order of priorities specified in the Schedule and examine the same in accordance with such order.

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

Where this provision sits

ActThe Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986
Section20
Marginal noteExamination of claims.
JurisdictionCentral
StatusIn force as published by the source

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