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[Cites 0, Cited by 0] [Section 16(4)] [Section 16] [Entire Act]

State of West Bengal - Subsection

Section 16(4)(b) in The Engel India Machines And Tools Limited (Acquisition And Transfer Of Undertakings) Act, 1986

(b)the amount payable by the State Government directly to any bank or financial institution under clause (a) shall be deducted from the amounts payable to the Company under sections 8 and 9.