Section 12
Central Government, etc., deemed to be registered in the register of members of companies.
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.
The Central Government, the Bharat Refractories Limited or the Integral Company, as the
case may be, shall be deemed, as from the appointed day, to have been registered in the register of
members of the companies concerned as the holder of each share which stands transferred to, and vested
in, each of them by virtue of the provisions of section 8, 9, 10 or 11, as the case may be.