State Act

5

Section 5. Vesting of the undertaking in the Corporation

THE UTTAR PRADESH RAJYA VIDYUT UTPADAN NIGAM LTD. (ACQUISITION AND TRANSFER OF UNDERTAKING) ACT, 1992

Act no. 12 of 19921992In forceUttarakhand (State Act)

5- The Undertaking vested in the State Government under section 3 shall, on such date as may be notified by the State Government in this behalf, vest in the Corporation and there after the Corporation shall become the owner of the Undertaking: Provided that no such notification shall be made unless a resolution passed by the Corporation for the purpose is communicated to the State Government.