Alcock Ashdown Company Limited (Acquisition of Undertakings Act : Management and administration of the

Alcock Ashdown Company Limited (Acquisition of Undertakings Act,1973

Act No : 56

Section : Management and administration of the undertakings.

8. Management and administration of the undertakings. The undertakings, which have vested in the Central Government under section 3, shall be managed on behalf of the Central Government by such person or body of persons (including one or more Government companies, whether in existence at the commencement of this Act or incorporated thereafter) as may be nominated by the Central Government in this behalf, and such person or body of persons shall carry on the management in accordance with such regulations as may be made by the Central Government in this behalf.