Home › The Hind Cycles Limited and Sen-Raleigh Limited (Nationalisation) Act, 1980 › Chapter VI – Commissioner of payments
Section 22: Disbursement of money by the Commissioner
—After admitting a claim under this Act, the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such amount is due, and on such payment, the liability of each of the two companies in respect of such claim shall stand discharged.
Source: official text of The Hind Cycles Limited and Sen-Raleigh Limited (Nationalisation) Act, 1980 as published on India Code (PDF). All sections of the Hind Cycles Limited and Sen-Raleigh Limited (Nationalisation) Act, 1980.