Amendment status not verified — confirm the current text below against the official source.
Authority may compromise claims by or against it.- The Authority may compound or compromise any claim or demand arising out of any contract entered into by it under this Act or any action or suit instituted by or against it for such sum of money or other compensation as it shall deem sufficient : Provided that no such claim or demand exceeding fifty thousand rupees shall be compounded or compromised except with the previous approval of the Government. 1[12. Appointment of Commissioner.- (1) The State Government shall appoint an officer, not below the rank of Divisional Commissioner, to be the Commissioner for the Authority. (2) The Commissioner shall receive such monthly salary and other allowances as the State Government may, from time to time determine. (3) The State Government may, from time to time, grant leave of absence for such period 2[as it thinks fit]2 to the Commissioner. A copy of every order granting such leave shall be communicated to the Chairman.]1