8. Payment of amount.—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 given by the Central Government to the Company, in cash, and in the
manner specified in Chapter VI, an amount of rupees five hundred and two lakhs and four thousand.
9. Payment of further amount.—(1) For the deprivation of the Company of the management of its
undertakings, there shall be given to the Company by the Central Government an amount calculated at the
rate of two thousand rupees per month for the period commencing on the date on which the management
of the undertakings of the Company was taken over by the persons authorised by the Central Government
under section 18A of the Industries (Development and Regulation) Act, 1951 (65 of 1951), and ending on
the appointed day.
(2) The amount specified in section 8, and the amount determined under sub-section (1), shall carry
simple interest at the rate of four per cent. per annum for the period commencing on the appointed day
and ending on the date on which payment of such amounts is made by the Central Government to the
Commissioner.
(3) The amounts determined in accordance with the provisions of sub-sections (1) and (2) shall be
given by the Central Government to the Company in addition to the amount specified in section 8.
(4) For the removal of doubts, it is hereby declared that the liabilities of the Company in relation to its
undertakings which have vested in the Central Government under section 3 shall be discharged from the
amount referred to in section 8, and also from the amounts determined under sub-sections (1) and (2), in
accordance with the rights and interests of the creditors of the Company.