The New Delhi International Arbitration Centre Act, 2019
Acquisition and Transfer of Undertakings of Society
Section 7: Transfer and Vesting.
7. 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.
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