Kosangas Company (Acquisition of Undertakings) Act,1979

Act No : 28

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Section : DEFINITIONS

SECTION 02: DEFINITIONS

In this Act, unless the context otherwise requires,-

(a) "appointed day" means the date on which this Act comes into force;

(b) "Government Company" has the meaning assigned to it by section 617 of the Companies Act, 1956-;

(c) "Kosangas company" means the partnership firm registered under the Indian Partnership Act, 1932, with head office at 53/57, Lakshmi Insurance Building, Sir Phirozshah Mehta Road, Bombay-1, as it existed immediately before its dissolution on the 5th September, 1977;

(d) "liquefied petroleum gas" has the same meaning as in sub-item (2) of Item No. 11 A of the First Schedule to the Central Excises and Salt Act, 1944;

(e) "the undertaking" means the undertaking in India of the Kosangas company the right, title and interest in which have, on the dissolution of that firm, vested in Gocul Gas Private Limited as sole proprietor thereof.

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