Amendment status not verified — confirm the current text below against the official source.
'(I j For the transfer to and vesting in the State ~overnment under section 3, amountg. of the shares of the Company, thcre shall be given by the State Government to the concerned shareholders of the. Company in cash and in the manner specified in section 6, an mount of rupees ten for each preference share of rupees one hundred and rupee one for each equity share of rupees ten. ' . (2)'me amount referred to in sub-section (I), shall carry simple interest at the rate of four pzr cent pzr annum ror the period commmcing on the appointed day and cnding on the date oq which payment of such amount is made by the $.rate Government to the Comssioner, . , . . THE ORISSA T E m L E MILLS LIMITED (ACQUISITION OF SHARES) ACT, 1983 [ Oris~a Act 27 of 1983 ] ' moatment