Payment of Claims

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....mount transferred to the Fund may apply to the respective Institution with which the amount due was originally lying or deposited, at any time before the right to the amount is extinguished as provide....

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....discharge the Institution from liability in respect of the amount credited to the Fund. 1[***] ******************** Notes:- 1. Omitted vide FINANCE ACT 2016, w.e.f. 1st day of June, 2016, before i....