Chapter IV — AMENDMENT TO THE INDUSTRIAL RECONSTRATION BANK OF INDIA ACT, 1984

Section 15Repeal and Saving

Section 15: Repeal and Saving

15. Repeal and Saving

(1)

The Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Ordinance, 1997 (Ord. 7 of 1997) is hereby repealed.

(2)

Notwithstanding such repeal, anything done or any action taken under the Ordinance so repealed, shall tie deemed to have been done or taken under the corresponding provisions of this Act.