Section 13: Certain powers of Central Government or Centre

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The New Delhi International Arbitration Centre Act, 2019 

Chapter-III
Acquisition and Transfer of Undertakings of Society

Section 13: Certain powers of Central Government or Centre.

13. The Central Government or the Custodian or the Centre shall be entitled to receive up to the specified date, to the exclusion of all other persons, any money due to the Society in relation to its undertakings which have vested in the Central Government or Custodian or the Centre, as the case may be, and realised after the commencement of the New Delhi International Arbitration Centre Ordinance, 2019, notwithstanding that the realisation pertains to a period prior to the commencement of the New Delhi International Arbitration Centre Ordinance, 2019.


 

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