section 3
Acquisition and transfer of undertaking and its vesting in State Government and its transfer and vesting in Corporation
The Shivraj Fine Art Litho Works (Acquisition and Transfer of Undertaking) Act, 1984Corporate198426 sections
Statutory text
- (1) On the appointed day, the undertaking and the right, title and interest of the proprietors in relation to their undertaking, shall, by virtue of this Act, stand transferred to, and vest absolutely in, the State Government.
- (2) Subject to the provisions of this Act, the undertaking which stands vested in the State Government by virtue of sub-section
- (1) shall, immediately after it has so vested, stand transferred to, and vested in, the Corporation.
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