Amendment status not verified — confirm the current text below against the official source.
For statement of Objects and Reasons, see Uttar Pradesh Gazette Extraordinary, dated December 14, 1970. 49 [The Bist Industrial Corporation Limited (Acquisition of Undertaking) Act, 1970] [Section 3-5] ownership possession, power or control of the company but does not include cash balances, cash in hand, reserve fund, investments and book debts or any properties and assets (other than properties and assets hereinbefore specified as comprised in the undertaking) not connected with the proposed establishment and running of the said sugar factory or any rights or obligations arising out of any contract other than contracts pertaining to the properties and assets hereinbefore specified as comprised in the undertaking. Vesting