Tyre Corporation of India Limited (Disinvestment of Ownership) Act : Disinvestment in the company.

Tyre Corporation of India Limited (Disinvestment of Ownership) Act,2007

Act No : 50

Section : Disinvestment in the company.

2. Disinvestment in the company. - Where the Central Government, on the recommendations of the Board for Reconstruction of Public Sector Enterprises, is of the opinion that disinvestment is to be made in the Tyre Corporation of India Limited (hereinafter referred to as the company), it may pass an order providing for transfer, exchange or relinquishment of shares in the company to any person on such terms and conditions as may be agreed upon.