Burn Company and Indian Standard Wagon Company (Nationalisation) Act : PAYMENT OF AMOUNT Indian Bare Acts :

Burn Company and Indian Standard Wagon Company (Nationalisation) Act ,1976

Act No : 97

Section : PAYMENT OF AMOUNT

SECTION 07: PAYMENT OF AMOUNT

For the transfer to, and vesting in, the Central Government, under section 3-, of the undertakings of each of the two companies and the right, title and interest of each of the two companies in relation to such undertakings, there shall be given by the Central Government to each of the two Companies, in cash and in the manner specified in Chapter VI, an amount equal to the amount specified against the name of such company in the PMt Schedule.