Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act : TRANSFER OF EMPLOYEES

Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act,1986

Act No : 30

Section : TRANSFER OF EMPLOYEES TO A SUBSIDIARY TEXTILE CORPORATION

SECTION 14: TRANSFER OF EMPLOYEES TO A SUBSIDIARY TEXTILE CORPORATION

Where any textile undertaking or any part thereof is transferred under this Act to a Subsidiary Textile Corporation, every person referred to inSection 12-shall, on and from the dale of such transfer, become an employee of the Subsidiary Textile Corporation, and the provisions of Sections 12 and 13 shall apply to such employee of the National Textile Corporation as if references in the said sections to the National Textile Corporation were references to the Subsidiary Textile Corporation.