# 7 Guarantee to be operative
Any guarantee given for or in favour of a corporation with respect to any loan or lease finance shall continue to be operative in relation to the company in which the undertaking of that corporation has vested by virtue of this Act.
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All sections
3
Undertakings of corporations to vest in companies4
General effect of vesting of undertakings in the companies5
Licences, etc., to be deemed to have been granted to companies6
Tax exemption or benefit to continue to have effect8
Provisions in respect of officers and other employees of corporations9
Power of Central Government to give directions10
Power to remove difficulties
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