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The Industrial Development Bank (transfer Of Undertaking And Repeal) Act, 2003

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THE INDUSTRIAL DEVELOPMENT BANK (TRANSFER OF

UNDERTAKING AND REPEAL) ACT, 2003

 

NO. 53 OF 2003

 

[30th December, 2003.]

 

An Act to provide for the transfer and vesting of the undertaking of

the Industrial Development Bank of India to, and in, the Company to be

formed and registered as a Company under the Companies Act, 1956 to

carry on banking business and for matters connected therewith or

incidental thereto and also to repeal the Industrial Development Bank

of India Act, 1964.

BE it enacted by Parliament in the Fifty-fourth Year of the Republic of

India as follows:-

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