In force · As amended up to 2026-08
21. Disbursement of money by the Commissioner to claimants.
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 the Company in respect of
any claim relating to the undertakings of the Company shall stand discharged.
Source: India Code