# 8 Payment of amount
(1) For the transfer to, and vesting in, the Central Government, under section 3, of the undertakings of the Company, and the right, title and interest of the Company in relation to such undertakings, there shall be given by the Central Government to the Company in cash and in the manner specified in Chapter VI, an amount of rupees ten crores and four lakhs.
(2) For the removal of doubts, it is hereby declared that the liabilities of the Company, in relation to its undertakings, shall be met, in accordance with the rights and interests of the creditors of the Company, from the amount due to the Company under sub-section (1).
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All sections
4
General effect of vesting5
Power of Central Government to direct vesting of the undertakings of the Company in an existing Government company6
Transfer of undertakings of the Company from an existing Government company to a new Government company7
Company to be liable for certain prior liabilities9
Payment of further amount10
Management, etc., of the undertakings of the Company11
Duty of persons in charge of management of the undertakings of the Company to deliver all assets, etc
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