Bare Act

The Bilaspur Commercial Corporation (Repeal) Act, 1960

General196024 of 67 sections available

This Act officially shuts down the Bilaspur Commercial Corporation by repealing its original founding law from the year 2005 Bikrami. It applies directly to the Corporation, its staff, and anyone who has financial dealings with it. The law matters because it sets a formal closing date and transfers all remaining assets, funds, and financial obligations directly to the Central Government. By doing this, the government takes full legal and financial responsibility for the defunct business, making sure that all outstanding debts are managed and the transition of remaining resources is completed in an orderly way.

Some statutory text is still being prepared for this language version.

PDF: pending for this language.