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The Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act

# 3    Transfer to, and vesting in, the Central Government of the undertakings of the Company

On the appointed day, the undertakings of the Company, and the right, title and interest of the Company in relation to its undertakings, shall, by virtue of this Act, stand transferred to, and vest in, the Central Government.

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ACQUISITION AND TRANSFER OF THE UNDERTAKINGS OF THE COMPANY
  • 4
     General effect of vesting
  • 5
     Central Government or Cement Corporation not to be liable for prior liabilities
  • 6
     Power of Central Government to direct vesting of the undertakings of the Company in Cement Corporation
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