Section 3
Transfer to, and vesting in, the Central Government of the undertakings of the Company.
The Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982
About this Act
An Act to provide for the acquisition and transfer of the undertakings of the Andhra Scientific Company Limited, with a view to securing the proper management of such undertakings so as to subserve the interests of the general public by ensuring the continuity of production of scientific instruments which are vital to the needs of the country and for matters connected therewith or incidental thereto.
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 shall vest in, the
Central Government.