Act Number: 7

Act Name: The Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Act, 1997

Year: 1997

Enactment Date: 1997-03-19

Long Title: An Act to provide for the transfer and vesting of the undertakings of the Industrial Reconstruction Bank of India to and in the Company to be formed and registered as a Company under the Companies Act, 1956, and for matters connected therewith or incidental thereto and also to repeal the Industrial Reconstruction Bank of India Act, 1984.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 10: Act 18 of 1891 to apply to the books of Company.
    The Company shall be deemed to be a bank for the purposes of the Bankers' Books Evidence Act, 1891.
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