section 22
Examination of claims.
The Textile Undertakings (Nationalisation) Act, 1995Corporate199539 sections7 chapters
Chapter VI COMMISSIONERS OF PAYMENTS
Statutory text
- (1) On receipt of the claims under section 20, 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.
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