Act Info:
Preamble1 - INDUSTRIAL RECONSTRUCTION BANK (TRANSFER OF UNDERTAKINGS AND REPEAL) ACT, 1997
Chapter I Section1 - Short title and commencement
Section2 - Definitions
Chapter II Section3 - Undertakings of the Reconstruction Bank to vest in company
Section4 - General effect of vesting of undertaking in Company
Section5 - Provisions in respect of officers and other employees of Reconstruction Bank
Chapter III Section6 - Concession, etc., to be deemed to have been granted to Company
Section7 - Tax exemption or benefit to continue to have effect
Section8 - Guarantee to be operative
Section9 - Arrangement with Company on appointment of directors to prevail
Section10 - Act 18 of 1891 to apply to the books of Company
Section11 - Shares, bonds and debentures to be deemed to be approved securities
Section12 - Substitution in Act, rules or regulations of company in place of the Reconstruction Bank
Section13 - Repeal and saving of Act 62 of 1984
Chapter IV Section14 - Insertion of new section 4A
Section15 - Repeal and Saving