Bare Act

The Bombay State Guarantees (Repeal) Act, 1964

General19643 sections

This Act officially ends the Bombay State Guarantees Act of 1958, which previously governed certain financial guarantees. It applies to any guarantees that were already issued before this law took effect. The main purpose is to ensure that these existing guarantees remain valid and enforceable. By repealing the old law, the Act effectively transfers the legal authority for these guarantees to the new states of Maharashtra and Gujarat, ensuring that financial obligations do not collapse simply because the old legislation is removed.

PDF: pending for this language.