(1) The State Government may, on the application made by the Administrator in this behalf, advance moneys for the purpose of efficiently managing the Company and all such moneys shall be repayable by the Company with such interest as may be prescribed.
(2) Any money advanced under sub-section (1) shall, subject to the prior payment of municipal rates and any sum due to Government on account of taxes or fees, be a first charge upon the properties of the Company.
Protection of action taken under this Act.
Advance by the State Government.
12. In computing the period of limitation for the enforcement of Period of any right, privilege, obligation or liability referred to in clause (c) of limitation.
section 4, the period during which it or the remedy for the enforcement thereof was suspended shall be excluded.
13. The provisions of this Act or any order or rule made there- Act to have under shall have effect notwithstanding anything inconsistent overriding effect.
therewith contained in any other law or any instrument having effect by virtue of any other law.