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

Sections

1. 0Section 0
2. II — TRANSFER AND VESTING OF THE UNDERTAKING OF RECONSTRUCTION BANK IN COMPANY
3. 127th March, 1997, vide notification No. S.O. 242(E), dated 25th March, 1997, see Gazette of India, Extraordinary, Part II, sec. 3(ii)
4. I — PRELIMINARY
5. 2Definitions
6. II — TRANSFER AND VESTING OF THE UNDERTAKING OF RECONSTRUCTION BANK IN COMPANY
7. 3Undertakings of the Reconstruction Bank to vest in company
8. 4General effect of vesting of undertaking in Company
9. 5Provisions in respect of officers and other employees of Reconstruction Bank
10. III — MISCELLANEOUS
11. 6Concession, etc., to be deemed to have been granted to Company
12. 7Tax exemption or benefit to continue to have effect
13. 8Guarantee to be operative
14. 9Arrangement with Company on appointment of directors to prevail
15. 10Act 18 of 1891 to apply to the books of Company
16. 11Shares, bonds and debentures to be deemed to be approved securities
17. 12Substitution in Act, rules or regulations of company in place of the Reconstruction Bank
18. 13Repeal and saving of Act 62 of 1984
19. IV — AMENDMENT TO THE INDUSTRIAL RECONSTRATION BANK OF INDIA ACT, 1984
20. 15Repeal and Saving