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Section 20

The Swadeshi Cotton Mills Company Limited (Acquisition and Transfer ofUndertakings) Ordinance, 19 86.Ordinance · 1986

(1) On receipt of the claims made under section 18, the Commiisioner ahall 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 Ordinance for payment to such Company are not sufficient to meet the liabilities specified in any lower category, he shall not be required to focamlne any claim in respect of such lower category.

Where this provision sits

ActThe Swadeshi Cotton Mills Company Limited (Acquisition and Transfer ofUndertakings) Ordinance, 19 86.
Section20
StatusIn force as published by the source

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