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[Cites 0, Cited by 0] [Section 7] [Entire Act]

State of Puducherry - Subsection

Section 7(1) in Anglo-French Textiles Limited (Acquisition and Transfer of Textile Undertaking) Act, 1986

(1)The owner of the textile undertaking shall be given by the Government, in cash and in the manner specified in Chapter-V, for the transfer to, and vesting in the Government under sub-section (1) of section 3 of the textile undertaking and the right, tile and interest of owner in relation to such textile undertaking, an amount equal to the amount specified against it in column (4) of the First Schedule.