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Industrial Reconstruction Bank (Transfer of Undertaking and Repeal) Act,1997

Act No : 7


Section : SHORT TITLE AND COMMENCEMENT

INDUSTRIAL RECONSTRUCTION BANK (TRANSFER OF UNDERTAKINGS AND REPEAL) ACT, 1997
7 of 1997
March 19,1997

An Act to provide for the transfer and vesting of the undertakings of the Industrial Reconstruction Bank of India to and in the Company to be formed and registered as a Company under the Companies Act, 1956, and for matters connected therewith or incidental thereto and also to repeal the Industrial Reconstruction Bank of India Act, 1984

Be it enacted by Parliament in the Forty-eighth Year of the Republic of India as follows:-

SECTION 01: SHORT TITLE AND COMMENCEMENT

(1) This Act may be called the Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Act, 1997.

(2) It shall be deemed to have come into force on the 24th day of January, 1997.



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