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23. Disbursement of amount by the Commissioner to claimants.-

After admitting a claim under this act, the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such sums are due, and, on such payment, the liability of the Company in respect of such claim shall stand discharged.

Hindustan Tractors Limited (Acquisition and Transfer of Undertakings) Act, 1978 Back

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