Textile Undertakings (Nationalisation) Act,1995 |
Act No : 39 of 1995 |
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Contents of Act: |
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| SECTION( 25. ) Disbursement of amount to the owners. |
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| SECTION( 26. ) Undisbursed or unclaimed amounts to be deposited to the generalreserve account. |
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| SECTION( CHAP ) MISCELLANEOUS |
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| SECTION( 27. ) Assumption of liability. |
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| SECTION( 28. ) Management to continue to vest in the Custodian until alternativearrangements are made. |
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| SECTION( 29. ) Act to override all other enactments. |
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| SECTION( 30. ) Contracts to cease to have effect unless ratified by the NationalTextile Corporation. |
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| SECTION( 31. ) Penalties. |
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| SECTION( 32. ) Offences by companies. |
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| SECTION( 33. ) Protection of action taken in good faith. |
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