Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993
Bare Act · 1993
An Act to provide for the transfer and vesting of the undertaking of the Industrial Finance Corporation of India to and in the Company to be formed and registered as a Company under the Companies Act, 1956, and for matters connected therewith or incidental thereto and also to repeal the Industrial Finance Corporation Act, 1948.
- Act number
- 23 of 1993
- Enacted
- 2 April 1993
- Contents
- 12 sections
The first 5 sections are free to read. Sign in free to read the rest.
Contents
- Section 1 – Short title and commencement
- Section 2 – Definitions
- Section 3 – Undertaking of the Corporation to vest in the company
- Section 4 – General effect of vesting of undertaking in the Company
- Section 5 – Concession, etc., to be deemed to have been granted to the Company
- Section 6 – Tax exemption or benefit to continue to have effect (preview)
- Section 7 – Guarantee to be operative (preview)
- Section 8 – Provisions in respect of officers and other employees of Corporation (preview)
- Section 9 – Act 18 of 1891 to apply to the books of the Company (preview)
- Section 10 – Shares, bonds and debentures to be deemed to be approved securities (preview)
- Section 11 – Repeal and saving of Act 15 of 1948 (preview)
- Section 12 – Repeal and saving (preview)