Amendment status not verified — confirm the current text below against the official source.
For the purpose of ascertaining whether any wspectioc by pe rs° n claiming p ayment under this Act, is entitled ^ ommi.uon- Commissioner shall have the right and power to— 79 •' THE ASSAM GAZETTE, EXTRAORDINARY . SEPT. 2% 19c 0 (a) require any person, having the possession, custody or contract of any register or record of the undertaking of the Company, to produce such register or record before the Commissioner; (b) require any person to make any statement or furnish any information which may be required by the Commissioner. Assumption 27 (1) Where any liability of the Company rgeTiiaWiUy. a r ising out of any item specified in the category-I of the Schedule is not discharged fully by the Commissioner out of the amounts paid to him under this Act, the Commissioner shall intimate in writing to the State Government to the extent of the lia bility which remains undischarged and that liability shall be assumed by the State Government. (2) The State Government may, by order, direct the Government Company to take over the liability * assumed by the State Government under sub section (1) and on receipt of such direction, it shall be the duty of the Government Company to discharge such liability. CHAPTER—VII MISCELLANEOUS Act to have 28- The provisions of this Act shall have effect effect1.61118 notwithstanding anything inconsistent therewith in any other law for the time being in force, or in any instrument having effect by virtue of any law, other than this Act, or in any decree or order of any Court, tribunal or other authority. Mas^uhave Every contract entered into by the under- effeot u n le ss'taking of the Company which has vested in the «heifiedtate State Government under section 3, for any service, Government sale or supply, and in force immediately before the or Govern- appointed day, shall, on and from expiry of one ”any, °m'hundred and eighty days from the appointed day, cease to have effect unless such contract before the expiry of the said period is ratified, in writing by THE ASSAM GAZETTE, EXTRAORDINARY, SEPT. 25, 1990 795 : e State Government or tlie Government Company m which the undertaking of the Company has vested under this Act and in ratifying such contract, he State Government or Government Company may make such alterations or modifications therein as it, may think fit : Provided that the State Government or the Government Company shall not omit to ratify a contract and shall not make any alteration or modificath r. in a contract— (a) unless it is satisfied that such contract is unduly omrous or has been entered into in bad faith or is detrimental to the interest of the State Government or the Government Company ; and (b) except after giving the parties to the contract, a reasonable opportunity of being heard and except after recording in writing its reasons for refusal to ratify the contract or for making any alteration or modification therein.