Section 3

Vesting in the Central Government of Mokameh unit and undertakings of Arthur Butler and Company.

The Britannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertakings) Act, 1978

  • Act 41 of 1978
  • Ministry of Railways
About this Act

An Act to provide for the acquisition and transfer of the right, title and interest of the undertakings of Britannia Engineering Company in relation to the Mokameh unit owned by it and the right, title and interest of Arthur Butler and Company in relation to the undertakings owned by it, with a view to ensuring the continued manufacture of railway wagons and other goods essential to the needs of the country in general and the Railways in particular, and for matters connected therewith or incidental thereto.

All sections
    On the appointed day,--
         (i) the Mokameh unit and the right, title and interest of Britannia Engineering Company in relation to the Mokameh unit; and
         (ii) the undertakings owned by Arthur Butler and Company and the right, title and interest of Arthur Butler and Company in relation to the said undertakings,
shall, by virtue of this Act, stand transferred to, and shall vest in, the Central Government.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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