Chapter II — Acquisition Of The Rights Of Owners Of Sick Textile Undertakings

Section 7 — Shares to be issued by the National Textile Corporation for the value of the assets transferred to it by the Central Government

Sick Textile Undertakings (Nationalisation) Act, 1974 · Preview

(1) An amount equal to the value of the assets of a sick textile undertaking transferred to, and vested in, the National Textile Corporation under sub-section (2) of section 3, shall be deemed to be…