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Section 27 – The Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act,1978

The Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act,1978

Section 27. Power to amend memorandum and articles of association

(1) For the purpose of giving effect to the provisions of this Act, the Central Government may , by notification in the Official Gazette, make amendments in the memorandum or articles of association, or both of the Integral Company or other transferee company.

(2) Any amendments in the memorandum or articles of association of the Integral Company or other transferee company made in pursuance of sub-section (1) shall have effect notwithstanding anything contained in the Companies Act.

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The Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act,1978

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