Section 155
Section 155 of Tlr&lr Act. 1960. After the compensation assessment roll has been finally published, the Mode of payment compensation officer shall deduct from the amount shown in such roll as payable to an of compensation intermediary or any other person having interest in the estate, the following amounts namely .- (a) ad interim
(1) After the compensation assessment roll has been finally published, the Mode of payment compensation officer shall deduct from the amount shown in such roll as payable to an of compensation intermediary or any other person having interest in the estate, the following amounts namely .- (a) ad interim payments made under section 154;
(b) the amount, if any, the deduction of which has been ordered under section 135:
(c) the amounts payable to creditors as determined by the claims officer.
(2) The balance remaining after the deductions referred to in sub-section (1) are made shall be given in cash, in one lump sum or in annual installments not exceeding twenty, or in bonds, or partly in cash and partly in bonds, in accordance with such rules as may be prescribed.
(3) The bonds referred to in sub-section (2) may be either negotiable or non-negotiable, and transferable in such circumstances and in such manner as may be prescribed and shall carry interest at the rate of two and a half per cent, per annum on the amount outstanding thereon, with effect from the date of issue.
(4) If any dispute arises as to the title of any person to receive the amount or as to the apportionment of it, the compensation officer may, if he thinks fit, keep the amount of compensation or the bonds referred to above in deposit in the manner prescribed until the dispute is finally determined; and on such determination, the compensation officer shall pay the amount or the portions thereof to the person or persons entitled to receive the same. Ad interim payment of compensation
Section 155, Tlr&lr Act. 1960 (Act 43 of 1960).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 155
How do I find court cases under Section 155 of the Tlr&lr Act. 1960?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: TLR LR Act 1960 155, section 155 TLR LR Act 1960, section 155 of the Tlr&lr Act. 1960. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 155 of the Tlr&lr Act. 1960, and has it changed?
Its own text turns on section 135, section 154, so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was the Tlr&lr Act. 1960 enacted?
Tlr&lr Act. 1960 was enacted in 1960 as Act 43 of 1960. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Read from the Government's own scanned gazette with Azure Document Intelligence, then split into sections by their numbering. India Code publishes no text for this Act. The scan itself is mirrored into our own storage and served at /scan/75c77364-e0d3-4f73-84f1-0034a85da542.pdf, so the reading here can be checked against the page it came from without depending on India Code's own copy staying where it is (it was at https://indiacode.gov.in/server/api/core/bitstreams/f9aa6961-a775-4fe7-85f2-ad3f6f6fe504/content). This page is not a substitute for legal advice.