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Section 27 - New Delhi International Arbitration Centre Act, 2019
Assessment of assets and liabilities of undertaking.
The assets and liabilities in relation to any undertaking under this Act shall be caused to be assessed by any agency authorised by the Comptroller and Auditor-General of India in such manner as may be specified by him and any payment on a claim to be made in relation thereto shall be settled by him between the Society and the Central Government and shall be paid by the Society or the Central Government, as the case may be, in the manner as may be specified by the Comptroller and Auditor-General of India.
Related Sections
- Section 3: Establishment and incorporation of New Delhi International Arbitration Centre
- Section 18: Removal of Members
- Section 12: Duties of persons in charge of management of undertakings to deliver all assets
- Section 17: Resignation of Members
- Section 16: Vacancies, etc., not to invalidate proceedings of Centre
Related Acts
- Repealing and Amending Act, 2019
- Union Territory Goods and Services Tax Act, 2017
- National Capital Territory of Delhi (Recognition of Property Rights of Residents in Unauthorised Colonies) Act, 2019
- Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage and Advertisement) Act, 2019
- National Sports University Act, 2018
* Only for reference.