Richardson and Cruddas Limited (Acquisition and Transfer of Under-takings) Act ,1972
Act No : 78
Section : UNDERTAKING OF THE OLD COMPANY TO VEST IN THE CENTRAL GOVERNMENT
SECTION 03: UNDERTAKING OF THE OLD COMPANY TO VEST IN THE CENTRAL GOVERNMENT
On the appointed day the undertaking of the old company shall stand transferred to, and vest in, the Central Government and that Government shall, immediately thereafter, provide, by notification, for the transfer to and vesting in, of such undertaking in the new
company.
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