Act Number: 16

Act Name: The Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978

Year: 1978

Enactment Date: 1978-04-30

Long Title: An Act to provide for restructuring of the iron and steel companies in the public sector so as to secure better management and greater efficiency in their working and for matters connected therewith or incidental thereto.

Ministry: Ministry of Steel

Department:

Section 27: Power to amend memorandum and articles of association.
    (1) For the purpose of giving effect to the provisions of this Act, the Central Government may, by notification in the Official Gazette, make amendments in the memorandum or articles of association, or both, of the Integral Company or other transferee company.
     (2) Any amendments in the memorandum or articles of association of the Integral Company or other transferee company made in pursuance of sub-section (1) shall have effect notwithstanding anything contained in the Companies Act.
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