Industrial Reconstruction Bank (Transfer of Undertaking and Repeal) Act,1997 |
Act No : 7 of 1997 |
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Contents of Act: |
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Section (1) SHORT TITLE AND COMMENCEMENT | |
Section (2) DEFINITIONS | |
Section (3) UNDERTAKINGS OF THE RECONSTRUCTION BANK TO VEST IN COMPANY | |
Section (4) GENERAL EFFECT OF VESTING OF UNDERTAKINGS IN COMPANY | |
Section (5) PROVISIONS IN RESPECT OF OFFICERS AND OTHER EMPLOYEES OF RECONSTRUCTION BANK | |
Section (6) CONCESSION, ETC., TO BE DEEMED TO HAVE BEEN GRANTED TO COMPANY | |
Section (7) TAX EXEMPTION OR BENEFIT TO CONTINUE TO HAVE EFFECT | |
Section (8) GUARANTEE TO BE OPERATIVE | |
Section (9) ARRANGEMENT WITH COMPANY ON APPOINTMENT OF DIRECTORS TO PREVAIL | |
Section (10) ACT 18 OF 1891 TO APPLY TO THE BOOKS OF COMPANY |