In force · As amended up to 2026-08
12. Repeal and saving.
(1) The Industrial Finance Corporation (Transfer of Undertaking and
Repeal) Ordinance, 1993 (Ord. 5 of 1993) is hereby repealed.
(2) Notwithstanding the repeal of the Industrial Finance Corporation (Transfer of Undertaking and
Repeal) Ordinance, 1993 (Ord. 5 of 1993), anything done or any action taken under the said Ordinance,
shall be deemed to have been done or taken under the corresponding provisions of this Act.
Source: India Code