Section 18(2)(b) in The Sick Industrial Companies (Special Provisions) Act, 1985
(b)the transfer to the [transferee company] [ Substituted by Act 12 of 1994, Section 7, for " transferee industrial company" (w.e.f. 1.2.1994).] of the business, properties, assets and liabilities of the sick industrial company on such terms and conditions as may be specified in the scheme;