Section 11(4)(b) in Anglo-French Textiles Limited (Acquisition and Transfer of Textile Undertaking) Act, 1986
(b)Notwithstanding that the liability for payment of gratuity and compensation for retrenchment under clause (a) is that of the owner, such liability shall be discharged by the Government or the Corporation, according to the order of priorities mentioned in the Second Schedule and on discharge of such liability by the Government or the Corporation, the owner shall stand discharged to the extent of the liability so discharged.