Bare ActsThe Super Clays and Minerals Mining Compnay (Private) Limited (Acquisition of Undertakings) Act, 1983 (Act 3 of 1984)

Section 18

Examznatzon and admrssion or reJection of clazms

Amendment status not verified — confirm the current text below against the official source.

Examznatzon and admrssion or reJection of clazms.-(1) On receipt of the claims made Wlder sectio!l 1 7, the C<1rnm1ssio~er shall examine the claims • . (2) Mtcr exami~ing the claims with refe~ence to the items specified in the bchedule, the Commtsstoner shall .fix a certain date on or before which ~very. claimant shall file the proof of pis clru,rp. · · . (3) Not less than fourteen days' notice of the date so fixed shall be given by advertisement in one Issue of a druly newspaper in the English language havmg circulauon in the maJOr part of the State of Kerala and in one ISsue oi any daily newspaper in the Malayalam language, as the C!)m- . nussioner ruay constder suitable, and every such notice shall call upon the " • 19 claimant to file the proof of his claim with the Co"l1'nissioner within the time specified in the advertisement. • ( 4) Every claimant who fails to file the proof of his claim within the time specified by the Commissioner shall be excluded from the disburse- ments made by the Commissioner. (5) The Commissioner shall, after such investigal ion as may in his opinion, be necessary and after givmg the Company an opportunity of refut- ing the claim and after ~iving the claimant a teasonable opportumty of being heard, by order in writing, admit or reject the claim in whole or in part: Provided that the Commissioner shall apportion the amount placed at his disposal in case the total admitted claims are found to be in exces~ of the amount placed at his disposal.

Section 18 – The Super Clays and Minerals Mining Compnay (Private) Limited (Acquisition of Undertakings) Act, 1983 (Act 3 of 1984) | DailyLaw.ai