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

Section 7 — Power of Central Government to direct vesting of the undertakings of the Company in a Government c ompany

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

(1) Notwithstanding anything contained in section 3, the Central Government may, if it is satisfied that a Government company is willing to comply with such terms and conditions as that Government…