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Payment of Claims

Section 124 - Act - SENIOR CITIZENS’ WELFARE FUND - Finance Act - Section 124 - 124. (1) Any person claiming to be entitled to the unclaimed amount transferred to the Fund may apply to the respective Institution with which the amount due was original .....

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(3) The Institution shall consider the application as expeditiously as possible, and make payment along with the eligible interest, in any case, within sixty days of the receipt of the application. (4) Any payment under this section shall discharge t .....

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