Transformer and Switchgear Limited (Acquisition and Transfer of Undertakings) Act : TRANSFER TO, AND VESTING

Transformer and Switchgear Limited (Acquisition and Transfer of Undertakings) Act,1983

Act No : 41

Section : TRANSFER TO, AND VESTING IN, THE CENTRAL GOVERNMENT OF THE UNDERTAKINGS OF THE COMPANY

SECTION 03: TRANSFER TO, AND VESTING IN, THE CENTRAL GOVERNMENT OF THE UNDERTAKINGS OF THE COMPANY

On the appointed day the undertakings of the Company, and the right, title and interest of the Company in relation to its undertakings, shall, by virtue of this Act, stand transferred to and vest in the Central Government.