LawgistThe Inchek Tyres Limited and National Rubber Manufacturers Limited (Nationalisation) Act
3Transfer to, and vesting in, the Central Government of the undertakings of the two companies
On the appointed day, the undertakings of each of the two companies, and the right, title and interest of each of the two companies in relation to its undertakings, shall, by virtue of the Act, stand transferred to, and shall vest in, the Central Government.
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ACQUIAITON AND TRANSFER OF THE UNDERTAKINGS OF THE TWO COMPANIES
- 3 Transfer to, and vesting in, the Central Government of the undertakings of the two companies
- 4 General effect of vesting
- 5 Companies to be liable for certain prior liabilities
- 6 Power of Central Government to direct vesting of the undertakings of the two companies in an existing Government Company
- 7 Transfer of the undertakings of the two companies from an existing Government company to a new Government compan
