Workmen's Compensation Act, 1923
7. Commutation of half-monthly payments
Any right to receive half-monthly payments may by agreement
between the parties or if the parties cannot agree and the payments have been
continued for not less than six months on the application of either party to
the Commissioner be redeemed by the payment of a lump sum of such amount as may
be agreed to by the parties or determined by the Commissioner as the case may
be.