7. 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 paid by the central Government to the Company, in cash, and in the
manner specified in Chapter VI, an amount of rupees eighty-four lakhs and eighty-seven thousand.
8. Payment of further amount.—(1) The amount specified in section 7 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 amount is made by the Central Government to the Commissioner.
(2) The amount determined in accordance with the provisions of sub-section (1) shall be paid by the
Central Government to the Company in addition to the amount specified in section 7.
(3) 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 7, and also from the amount determined under sub-section (1) in accordance
with the rights and interests of the creditors of the Company.