Section 5: Vesting of undertakings of Indian Dairy Corporation in National Dairy Development Board and dissolution of Indian Dairy Corporation.

The National Dairy Development Board Act, 1987Central Act · Act 37 of 1987

(1) On and from the appointed day, subject to the other provisions of this Act, all the undertakings of the Indian Dairy Corporation shall stand transferred to and vest in the National Dairy Development Board.

(2) Notwithstanding anything contained in the Companies Act, the Indian Dairy Corporation shall, on and from the appointed day, stand dissolved by virtue of the provisions of this Act.

Where this provision sits

Act	The National Dairy Development Board Act, 1987
Section	5
Marginal note	Vesting of undertakings of Indian Dairy Corporation in National Dairy Development Board and dissolution of Indian Dairy Corporation.
Jurisdiction	Central
Status	In force as published by the source

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