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(1) On
the appointed day, the undertakings of the following transferred units shall stand transferred to, and vest
in, the Bharat Refractories Limited, namely:--
(a) Ramgarh Refractory Plant of the Hindustan Steel Limited (situated near Ramgarh in the State
of Bihar),
(b) Sillimanite Mines of the Hindustan Steel Limited (situated in the State of Meghalaya), and
(c) Refractory Project of the Hindustan Steel Limited (situated at Bhilai in the State of Madhya
Pradesh).
(2) Notwithstanding anything contained in the Companies Act, as from the appointed day, the
registered office of the Bharat Refractories Limited may remain at Bokaro Steel City or be transferred to
Ranchi.
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