LawgistThe Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act
12Central Government, etc., deemed to be registered in the register of members of companies
The Central Government, the Bharat Refractories Limited or the Integral Company, as the case may be, shall be deemed, as from the appointed day, to have been registered in the register of members of the companies concerned as the holder of each share which stands transferred to, and vested in, each of them by virtue of the provisions of section 8, 9, 10 or 11, as the case may be.
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TRANSFER OF SHARES
- 8 Transfer of shares held by Bokaro Steel Limited to Central Government
- 9 Transfer of shares held by Integral Company to Central Government
- 10 Transfer of shares held by Integral Company to Bharat Refractories Limited
- 11 Transfer of shares held by Central Government to Integral Company
- 12 Central Government, etc., deemed to be registered in the register of members of companies
- 13 Power of Central Government to modify amount of paid-up share capital of Integral Company, etc., and issue of shares
