Bare ActsThe Kerala Sick Textile Undertakings(Acquisition and Transfer of Undertakings) Act, 1985(27 of 1985)

Section 11

Duty of persons in charge of management of sick textile undertakings to deliver all assets, etc

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

Duty of persons in charge of management of sick textile undertakings to deliver all assets, etc .– On the vesting of the management of a sick textile undertaking in the State Textile Corporation, all persons in charge of the management of such sick textile undertaking immediately before such vesting shall be bound to deliver to the State Textile Corporation all assets, books of accounts, registers or other documents in their custody relating to the sick textile undertaking .

Section 11 – The Kerala Sick Textile Undertakings(Acquisition and Transfer of Undertakings) Act, 1985(27 of 1985) | DailyLaw.ai