Amendment status not verified — confirm the current text below against the official source.
Transfer and vestmg m the Government of the undertakmgs of the Company.- On the appointed day, the undertakmgs of the Company, the right, title and ... interest of the Company m relation to Its undertakmg'~ and, save as othervv'ISe expressly provided m this Act, the liabilities of the Company in relation to its undertakings, shall, by virtue of this Act, ~tand transferred to, and shall vest in, the Government. ·