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Union of India - Section

Section 8 in The Hindustan Tractors Limited (Acquisition and Transfer of undertaking) Act, 1978

8. Payment of amount.

For the transfer to, and vesting in, the Central Government, under section 3, of the undertakings of the Company and the right, title and interest of the Company in relation to its undertakings, there shall be given by the Central Government to the Company, in cash and in the manner specified in Chapter VI, an amount of rupees one hundred and fifty lakhs.