Amendment status not verified — confirm the current text below against the official source.
(1) After admitting a claim under this Act, the amount due in respect of each share acquired by virtue of this Act shall be paid by the Commissioner to the person or persons to whom such amount is due, and, on such payment, the liability of the State Government in respect of the share so acquired shall stand discharged. (2) The Commissioner shall also apportion amongst the share- holders the amount paid to him by way of interest under sub-section (3) of section 8, and such apportionment shall be made on the basis of the amount due to each shareholder.