The owner of every textile undertaking shall be given by the Central Government, in cash and in the manner specified in Chapter VI, for the transfer to, and vesting in, it, under sub-section (1) of section 3, of such textile undertaking and the right, title and interest of the owner in relation to such textile undertaking, an amount equal to the amount specified against it in the corresponding entry in column (4) of the First Schedule.
Section 8: Payment of amount to owners of textile undertakings.
The Textile Undertakings (Nationalisation) Act, 1995Central Act · Act 39 of 1995
Where this provision sits
| Act | The Textile Undertakings (Nationalisation) Act, 1995 |
|---|---|
| Section | 8 |
| Marginal note | Payment of amount to owners of textile undertakings. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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