Section 3: Undertaking of the Corporation to vest in the Company

Q: What does Section 3 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) deal with?

Section 3 TIFCTURA pertains to "Undertaking of the Corporation to vest in the Company". It is part of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993, a legislation enacted by the Parliament of India. Section 3 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) governs undertaking of the Corporation to vest in the Company. As verified on 19 May 2026.

Q: Is Section 3 TIFCTURA still in force?

Yes, Section 3 of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 is currently in force across the Republic of India.

Q: What is धारा 3 TIFCTURA?

धारा 3 TIFCTURA is the Devanagari Hindi reference for Section 3 of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993. Section 3 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) governs undertaking of the Corporation to vest in the Company. As verified on 19 May 2026.

Q: What is Dhara 3 TIFCTURA?

Dhara 3 TIFCTURA is the Roman Hindi reference for Section 3 of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993. "Dhara" means "Section" in Hindi. Section 3 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) governs undertaking of the Corporation to vest in the Company. As verified on 19 May 2026.

Q: How to cite Section 3 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993?

Cite as: "Section 3, The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA)" in legal briefs. For academic writing, use the BlueBook format: The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993, 1993, § 3 (India).

Law on Tips Editorial Board

.-On such date as the Central Government may, by notification in the Official Gazette, appoint, there shall be transferred to, and vest in, the Company the undertaking of the Corporation.