Act Number: 78

Act Name: The Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972

Year: 1972

Enactment Date: 1972-12-30

Long Title: An Act to provide for the acquisition and transfer of the undertaking of the Richardson and Cruddas Limited, for the reconstruction of the register of its members and for matters connected therewith or incidental thereto.

Ministry: Ministry of Heavy Industries and Public Enterprises

Department: Department of Heavy Industry

Section 21: Custodian to issue fresh share certificates.
    (1) The Custodian shall issue, in such form as may be prescribed, fresh share certificate in relation to the shares which have been declared by the Tribunal as representing, in reality, a contribution to the capital of the old company.
     (2) All share certificates issued by the old company before the date of the determination made by the Tribunal shall, on and from such determination, stand cancelled.
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