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Section 7 - New Delhi International Arbitration Centre Act, 2019
Transfer and vesting.
On and from the specified date, so much of the undertakings of the Society as form part of, or are relatable to the Society, and the right, title and interest of the Society in relation to such undertakings, shall, by virtue of this Act, stand transferred to, and vest in, the Central Government.
Related Sections
- Section 10: Power of Central Government to direct vesting of undertaking in Centre
- Section 4: Declaration of New Delhi International Arbitration Centre as an institution of national importance
- Section 33: Protection of action taken in good faith
- Section 27: Assessment of assets and liabilities of undertaking
- Section 31: Power to make regulations
Related Acts
* Only for reference.