Act Number: 41

Act Name: The Smith, Stanistreet and Company Limited (Acquisition and Transfer of Undertakings) Act, 1977

Year: 1977

Enactment Date: 1977-12-17

Long Title: An Act to provide for, in the public interest, the acquisition and transfer of the right, title and interest of the undertakings of Messrs. Smith, Stanistreet and Company Limited, Calcutta and for matters connected therewith or incidental thereto.

Ministry: Ministry of Chemicals and Fertilizers

Department: Department of Pharmaceuticals

Section 33: Declaration as to policy of the State.
    It is hereby declared that this Act is for giving effect to the policy of the State towards securing the principles specified in clause (b) of article 39 of the Constitution.
     Explanation.--In this section "State" has the meaning as in article 12 of the Constitution.
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