Section 18 of the National Company Limited (Acquisition and Transfer of Undertakings) Act, 1980 – Claims to be made to the Commissioner

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Section 18: Claims to be made to the Commissioner

Every person having a claim against the Company with regard to any of the matters specified in the Schedule, pertaining to any undertaking owned by it, shall prefer such claim before the Commissioner within thirty days from the specified date: Provided that if the Commissioner is satisfied that the claimant was prevented by sufficient cause from preferring the claim within the said period of thirty days, he may entertain the claim within a further period of thirty days, but not thereafter.

Source: official text of The National Company Limited (Acquisition and Transfer of Undertakings) Act, 1980 as published on India Code (PDF). All sections of the National Company Limited (Acquisition and Transfer of Undertakings) Act, 1980.

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