State Act
5
Section 5. Vesting of the undertaking in the Corporation
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.