AIR CORPORATIONS TRANSFER OF UNDERTAKINGS AND REPEAL ACT, 1994

AIR CORPORATIONS TRANSFER OF UNDERTAKINGS AND REPEAL ACT, 1994

S.1 Short title and commencement

S.2 Definitions

S.3 Undertakings of corporations to vest in companies

S.4 General effect of vesting of undertakings in the companies

S.5 Licences etc., to be deemed to have been granted to companies

S.6 Tax exemption or benefit to continue to have effect

S.7 Guarantee to be operative

S.8 Provisions in respect of officers and other employees of corporations

S.9 Power of Central Government to give directions

S.10 Power to remove difficulties

S.11 Repeal of Act 27 of 1953 and cessation of corporations

S.12 Repeal and saving

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