Bare ActsThe Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986

Section 11

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

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

On the vesting of a textile undertaking in the National Textile Corporation, all persons in charge of the management of a textile undertaking immediately before such vesting shall be bound to deliver to the National Textile Corporation, all assets, books of account, registers or other documents in their custody relating to the textile undertaking.

Section 11 – The Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986 | DailyLaw.ai