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[Cites 0, Cited by 0] [Section 3] [Entire Act]

State of Nagaland - Subsection

Section 3(3) in Nagaland Forest Products Limited (Acquisition of Shares) Act, 1982

(3)All the shares which have vested in the State Government under sub-Section (1), shall by force of such vesting, be freed and discharged of all trusts, liabilities, obligations, mortgages, charges, liens and other encumbrances affecting them, and any attachment, injunction or any decree or order of the court, tribunal or other authority restricting the use of such shares in any manner shall be deemed to have been withdrawn.