Bare ActsThe BHARAT HYDRO POWER CORPORATION LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKING) ACT, 1996

Section 16

Amendment status not verified — confirm the current text below against the official source.

(1) Where before the appointed day the undertaking of the company had fund and established a Provident Fund, Superannuation Fund, Welfare Fund or other other funds. fund for the benefit of the officers and employees in the undertaking', the monies standing on the appointed day to the credit of such funds in relation to such officers and employees shall stand transferred to and vest in the State Government or thereafter the Board, as the case may be. Inventory

Section 16 – The BHARAT HYDRO POWER CORPORATION LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKING) ACT, 1996 | DailyLaw.ai