Act Number: 29

Act Name: The British India Corporation Limited (Acquisition of Shares) Act, 1981

Year: 1981

Enactment Date: 1981-09-11

Long Title: An Act to provide for the acquisition of certain shares of the British India Corporation Limited with a view to securing the proper management of the affairs of the Company and the continuity and development of the production of goods which are vital to the needs of the country and for matters connected therewith or incidental thereto.

Ministry: Ministry of Textiles

Department:

Section 21: Repeal and saving.
    (1) The British India Corporation (Acquisition of Shares) Ordinance, 1981 (5 of 1981), is hereby repealed.
     (2) Notwithstanding such repeal, anything done or any action taken under the Ordinance so repealed shall be deemed to have been done or taken under the corresponding provisions of this Act.
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