8. Payment of amounts to the Company and specified companies.—For the transfer to, and
vesting in, the Central Government, under section 3, of the undertakings of the Company and the right,
title and interest of the Company in relation to its undertakings there shall be paid by the Central
Government to the Company in cash and in the manner specified in Chapter VI, an aggregate amount of
rupees two hundred and eighty-three lakhs.
(2) For the transfer to, and vesting in, the Central Government, under section 4, of the shares held by
the Company in the specified companies, there shall be paid by the Central Government to the Company
in cash and in the manner specified in Chapter VI, an aggregate amount of rupees twenty-seven lakhs.
(3) The amount specified in sub-section (1) and the amount specified in sub-section (2) shall carry
simple interest of four per cent. per annum for the period commencing on the appointed day and ending
on the date on which payment of such amount is made by the Central Government to the Commissioner.
(4) For the removal of doubts, it is hereby declared that the liabilities of the Company, in relation to
its undertakings, shall be met , in accordance with the rights and interests of the creditors of the Company,
from the amounts due to the Company under sub-section (1) and sub-section (2).