Bare ActsThe Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Act, 1997

Section 12

Substitution in Act, rules or regulations of company in place of the Reconstruction Bank.

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

In every Act, rule or regulation in force on the appointed day,-- (a) for the words "Industrial Reconstruction Bank of India", wherever they occur, the words "Industrial Investment Bank of India Limited" shall be substituted; (b) for the words "Reconstruction Bank", wherever they occur, the words "Industrial Investment Bank" shall be substituted.

Section 12 – The Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Act, 1997 | DailyLaw.ai