Section 11
Transfer of shares held by Central Government to Integral Company.
The Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978
About this Act
An Act to provide for restructuring of the iron and steel companies in the public sector so as to secure better management and greater efficiency in their working and for matters connected therewith or incidental thereto.
On the appointed
day, all the shares held by the Central Government in the share capital of the Indian Iron and Steel
Company Limited (a company under the Companies Act having its registered office at Calcutta in the
State of West Bengal) shall stand transferred to, and vest in, the Integral Company.