Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act, 1980

Bare Act · 1980

An Act to provide for the acquisition and transfer of the undertakings of the Bird and Company Limited for the purpose of ensuring the continuity of production of goods which are vital to the needs of the country and for the acquisition of shares held by the Bird and Company Limited in the specified companies for the purpose of securing to those undertakings the facilities and advantages derived by reason of such shareholding with respect to the operation and functioning of those undertakings and also to enable the Central Government to exercise such control over the affairs of the specified companies as is necessary to ensure that the affairs of those companies are not mismanaged and for matters connected therewith or incidental thereto.

Act number
67 of 1980
Enacted
27 December 1980
Contents
31 sections · 7 chapters

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Contents

Chapter I — Preliminary

Chapter II — Acquisition And Transfer Of The Undertakings Of The Company And Of Shares Held By The Company In The Specified Companies

Chapter III — Payment Of Amounts

Chapter IV

Chapter V — Provision Relating To Employees Of The Company

Chapter VI — Commissioner Of Payments

Chapter VII — Miscellaneous