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Birds & Company Limited Acquistion & Transfer of Undertakings & Other Properties Act, 1980 Section 18 - Bare Act

State

Central Government

Year

Section Title

Examination of Claims

Act Info:



(1) On receipt of the claims made under section 16, the Commissioner shall arrange the claims in the order of priorities specified in the Schedule II and examine the same in accordance with such order of priorities.

(2) If, on examination of the claims, the Commissioner is of 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 claims in respect of such lower category.




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