Chapter II — TRANSFER AND VESTING OF THE UNDERTAKING OF RECONSTRUCTION BANK IN COMPANY

Section 3Undertakings of the Reconstruction Bank to vest in company

Section 3: Undertakings of the Reconstruction Bank to vest in company

3. Undertakings of the Reconstruction Bank to vest in company

On such date as the Central Government may, by notification in the Official Gazette, appoint, there shall be transferred to, and vest in, the Company, the undertakings of Reconstruction Bank.

Amendment notes (1)
  1. . 27th March, 1997, vide notification No. S.O. 242(E), dated 25th March, 1997, see Gazette of India, Extraordinary, Part II, sec. 3(ii).