On the vesting of the management of a sick textile undertaking in the State Textile Corporation, all persons in charge of the management of such sick textile undertaking immediately before such vesting shall be bound to deliver to the State Textile Corporation all assets, books of accounts, registers or other documents in their custody relating to the sick textile undertaking .
Section 11: Duty of persons in charge of management of sick textile undertakings to deliver all assets, etc
Kerala Sick Textile Undertakings(Acquisition and Transfer of Undertakings) Act, 1985(27 of 1985)State Act of Kerala · Act 27 of 1985
Where this provision sits
| Act | Kerala Sick Textile Undertakings(Acquisition and Transfer of Undertakings) Act, 1985(27 of 1985) |
|---|---|
| Section | 11 |
| Marginal note | Duty of persons in charge of management of sick textile undertakings to deliver all assets, etc |
| Jurisdiction | State of Kerala |
| Status | In force as published by the source |
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