Bare ActsThe General Insurance Business (Nationalisation) Act, 1972

Section 10A

Transfer to Central Government of shares vested in Corporation.

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

1 [10A. Transfer to Central Government of shares vested in Corporation. -- All the shares in the capital of the acquiring companies, being-- (a) the National Insurance Company Limited; (b) the New India Assurance Company Limited; (c) the Oriental Insurance Company Limited; (d) the United India Insurance Company Limited, and vested in the Corporation before the commencement of the General Insurance Business (Nationalisation) Amendment Act, 2002 shall, on such commencement, stand transferred to the Central Government.]

Section 10A – The General Insurance Business (Nationalisation) Act, 1972 | DailyLaw.ai