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 27: Protection of action taken in good faith.
    (1) No suit, prosecution or other legal proceeding shall lie against the Custodian in respect of anything which is in good faith done or intended to be done under this Act.
     (2) No suit or other legal proceeding shall lie against the Central Government or the Custodian or the new company for any damage caused or likely to be caused by anything which is in good faith done or intended to be done under this Act
Previous Section Next Section
Scroll to Top