section 22
Assumption of liabilities
Closed Textile Undertakings (Nationalisation) Act, Gujarat.Year 1986Corporate198633 sections6 chapters
Chapter VI MISCELLANEOUS
Statutory text
23.
- (1) Where any liability of the owner of the specified textile undertaking arising out of any item specified in category I of the Second Schedule is not discharged fully by the Commissioner out of the amount paid under this Act, the Commissioner shall intimate in writing to the State Government the extent of the liability which remains undischarged and that liability shall be assumed by the State Government.
- (2) The State Government may, by order, direct the Corporation to take over any liability assumed by the Government under sub-section
- (1) and on receipt of such direction, it shall be the duty of the Corporation to discharge such liability.
Study data processing for this section.
PDF: pending for this language.