Amendment status not verified — confirm the current text below against the official source.
(I) The State ~bveinment shall, within thirty ' hap f&m the specified the Stab date, pay in a s h to the Commissioner for payment to the shareholders of the Oomment c ompany- tothe :, , . ' ..- &a- . , I :m- (A) an amount equal to the amount speci6ed in" sub-section ' ( 1 ) of s h o n 4; and (b) an amount equal to the amount detemihcd' und& sub-section (2) of section 4. (2) A deposit account shall be opened by the State Govcrment in favour of the Commissioner in the Public Account of the State and every amount paid under this Act to the Commissioner shall be deposited by him to the credit of the said deposit account and the said deposit account shall Tbe operated by the Commissioner. , . , m (3) The interest accruing on the amount standing to the credit of the deposit -account referred to in sub-section (2), shall ensure to the benefit of the . share . i holders of the Company. CIaZms to be