State Act

THE ANGLO-FRENCH TEXTILES LIMITED (ACQUISITION AND TRANSFER OFTEXTILE UNDERTAKING) ACT, 1986

5. (1) Every liability of the owner of the textile undertaking in respect of any period prior to the appointed day, shall be the liability of such owner and shall be enforceable against him and not against the Government or the Corporation. (2) For the removal of doubt, it is hereby declared that-- (a) save as otherwise expressly provided in this section or in any other section of this act, no liability in relation to the textile undertaking, in respect of any period prior to the appointed day, shall be enforceable against the Government or the Corporation; (b) no liability of the textile undertaking or any owner thereof for the contravention, before the appointed day, of any provision of law for the time being in force, shall be enforceable against the Government or the Corporation.