PROVIDED FURTHER that the Corporation may reduce or waive the damages recoverable under this section in relat… — EMPLOYEES’ STATE INSURANCE ACT, 1948

[PROVIDED FURTHER that the Corporation may reduce or waive the damages recoverable under this section in relation to an establishment which is a sick industrial company in respect of which a scheme for rehabilitation has been sanctioned by the Board for Industrial and Financial Reconstruction established under section 4 of the Sick Industrial Companies (Special Provisions) Act, 1985, subject to such terms and conditions as may be specified in regulations.]

127 [PROVIDED FURTHER that the Corporation may reduce or waive the damages recoverable under this section in relation to an establishment which is a sick industrial company in respect of which a scheme for rehabilitation has been sanctioned by the Board for Industrial and Financial Reconstruction established under section 4 of the Sick Industrial Companies (Special Provisions) Act, 1985, subject to such terms and conditions as may be specified in regulations.] (2) Any damages recoverable under sub-section(I) may be recovered as an arrear of land revenue 127 [or under section 45C to section 45-I].

Section 127