Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act,1980 |
Act No : 67 of 1980 |
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Contents of Act: |
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I PRELIMINARY | |
Section (1) SHORT TITLE AND COMMENCEMENT | |
Section (2) DEFINITIONS | |
II ACQUISITION AND TRANSFER OF THE UNDERTAKINGS OF THE COMPANY AND OF SHARES HELD BY THE COMPANY IN THE SPECIFIED COMPANIES | |
Section (4) TRANSFER AND VESTING OF SHARES HELD BY THE COMPANY IN THE SPECIFIED COMPANIES | |
Section (5) GENERAL EFFECT OF VESTING | |
Section (6) CENTRAL GOVERNMENT OR THE GOVERNMENT COMPANY NOT TO BE LIABLE FOR PRIOR LIABILITIES | |
Section (7) POWER OF CENTRAL GOVERNMENT TO DIRECT VESTING OF THE UNDERTAKINGS OF THE COMPANY IN GOVERNMENT COMPANY | |
III PAYMENT OF AMOUNTS | |
Section (8) PAYMENT OF AMOUNTS TO THE COMPANY AND SPECIFIED COMPUTES |