Chapter II — Acquisition And Transfer Of The Textile Undertakings

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

Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986 · Preview

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