Section 3

Undertaking of the Corporation to vest in the company.

The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993

  • Act 23 of 1993
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to provide for the transfer and vesting of the undertaking of the Industrial Finance Corporation of India to and in the Company to be formed and registered as a Company under the Companies Act, 1956, and for matters connected therewith or incidental thereto and also to repeal the Industrial Finance Corporation Act, 1948.

All sections
    On such date as the Central Government may, by notification in the Official Gazette, appoint, there shall be transferred to, and vest in, the Company, the undertaking of the Corporation.

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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