(1) This Act may be called the Elvoc Private Limited (Acquisition and Transfer of Undertakings) Act, 1985.
(2) It shall be deemed to have come into force on the 5th day of August, 1985.
Short title and commencement.
133 The Elvoc Private Limited (Acquisition and Transfer of Undertakings) Act, 1985.
[West Ben. Act Definitions.
Transfer to, and vesting in, the State Government of the undertakings of the Company.
General effectof vesting.
(Sections 2-4.)
2. In this Act, unless the context otherwise requires,—
(a) "appointed day" means the date on which this Act comes into force;
(b) "Company" means the Elvoc Private Limited being a company as defined in the Companies Act, 1956, and having its registered office at 36, Panditia Road, Calcutta-29;
(c) "existing Government company" means a Government company which is carrying on business on the appointed day;
(d) "notification" means a notification published in the Calcutta Gazette;
(e) words and expressions used herein and not defined, but defined in the Companies Act, 1956, shall have the meanings respectively assigned to them in that Act.
3. On the appointed day, the undertakings of the Company, and the right, title and interest of the Company in relation to its undertakings, shall, by virtue of this Act, stand transferred to and vest in, the State Government.