THE INDUSTRIAL RECONSTRUCTION BANK (TRANSFER OF UNDERTAKINGS AND REPEAL) ACT, 1997
An Act to provide for the transfer and vesting of the undertakings of the Industrial
Reconstruction Bank of India to and in the Company to be formed and registered as a Company
under the Companies Act, 1956, and for matters connected therewith or incidental thereto and
also to repeal the Industrial Reconstruction Bank of India Act, 1984.
BE it enacted by Parliament in the Forty-eighth Year of the Republic of India as follows:--
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