Jute Companies (Nationalisation) Act : PAYMENT OF AMOUNT Indian Bare Acts :

Jute Companies (Nationalisation) Act,1980

Act No : 62

Section : PAYMENT OF AMOUNT

SECTION 07: PAYMENT OF AMOUNT

Every jute Company shall be given by the Central Government, for the transfer to and vesting in that Government under section 3 of the under takings of that Company and right, title and interest of that Company in relation to its undertakings, in cash and in the manner specified in Chapter VI, such amount as is specified against the name of that Company in the First Schedule.