General Insurance Business (Nationalisation) Act : Power of Central Government to transfer employees.

General Insurance Business (Nationalisation) Act,1972

Act No : 57

Section : Power of Central Government to transfer employees.

22. Power of Central Government to transfer employees. The Corporation may at any time transfer any officer or employee from an acquiring company or the Corporation to any other acquiring company or the Corporation, as the case may be, and the officer or employee so transferred, shall continue to have the same terms and conditions of service as were applicable to him immediately before such transfer.