CourtMesh

Section 20: Custodian to reconstruct register of members of the old company.

The Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972Central Act · Act 78 of 1972

(1) The Custodian shall reconstruct the register of members of the old company and shall include therein the names of the holders of the shares which have been declared by the Tribunal as representing, in reality, a contribution to the capital of the old company and strike off from the register of members of the old company the names of the holders of the documents purporting to be shares which stand, by reason of the determination made by the Tribunal under section 15, cancelled.

(2) On and from the date of reconstruction of the register of members of the old Company,--

(a) the register, as so reconstructed, shall be deemed to be the register of members of the old company, and

(b) all registers of members maintained by the old company, immediately before the said date, shall stand cancelled.

Where this provision sits

ActThe Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972
Section20
Marginal noteCustodian to reconstruct register of members of the old company.
JurisdictionCentral
StatusIn force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

  • Search 49,000+ Central and State enactments by what a provision says, not by its number
  • Jump from any section to every judgment that has applied it
  • Search 300 million+ Indian court records alongside the statute
  • Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.