Act Number: 65

Act Name: The Oil and Natural Gas Commission (Transfer of Undertaking and Repeal) Act, 1993

Year: 1993

Enactment Date: 1993-09-04

Long Title: An Act to provide for the transfer and vesting of the undertaking of the Oil and Natural Gas Commission to and in the Oil and Natural Gas Corporation Limited, a company incorporated under the Companies Act, 1956, and for matters connected therewith or incidental thereto and also to repeal the Oil and Natural Gas Commission Act, 1959.

Ministry: Ministry of Petroleum and Natural Gas

Department:

Section 7: Guarantee to be operative.
    Any guarantee given for or in favour of the Commission with respect to any loan or lease finance or other assistance shall continue to be operative in relation to the Corporation.
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