Act Number: 13

Act Name: The Air Corporations (Transfer of Undertakings and Repeal) Act, 1994

Year: 1994

Enactment Date: 1994-03-21

Long Title: An Act to provide for the transfer and vesting of the undertakings of Indian Airlines and Air India respectively to and in the companies formed and registered as Indian Airlines Limited and Air India Limited and for matters connected therewith or incidental thereto and also to repeal the Air Corporations Act, 1953.

Ministry: Ministry of Civil Aviation

Department:

Section 3: Undertakings of corporations to vest in companies.
    On such date as the Central Government may, by notification in the Official Gazette, appoint, there shall be transferred to, and vest in,--
         (a) Indian Airlines Limited, the undertaking of Indian Airlines; and
         (b) Air India Limited, the undertaking of Air India.
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