Burn Company and Indian Standard Wagon Company (Nationalisation) Act ,1976 |
Act No : 97 of 1976 |
|---|---|
Contents of Act: |
View |
| I PRELIMINARY |
|
| Section (1) SHORT TITLE AND COMMENCEMENT |
|
| Section (2) DEFINITIONS |
|
| II ACQUISITION OF THE UNDERTAKINGS OF THE TWO. COMPANIES |
|
| Section (3) TRANSFER AND VESTING IN CENTRAL GOVERNMENT OF THE UNDERTAKINGS OF THE TWO COMPANIES |
|
| Section (4) GENERAL EFFECT OF VESTING |
|
| Section (5) OWNERS OF THE TWO COMPANIES TO BE LIABLE FOR CERTAIN PRIOR LIABILITIES |
|
| Section (6) POWER OF THE CENTRAL GOVERNMENT TO DIRECT VESTING OF THE UNDERTAKINGS OF THE TWO COMPANIES IN A GOVERNMENT COMPANY |
|
| III PAYMENT OF AMOUNTS |
|
| Section (7) PAYMENT OF AMOUNT |
|