English

432A (55).pdf

Order No.FD 29 BUD 59 Dated:18 JUN 1959 THE ACCOUNTANT GENERAL HAS BROUGHT TO THE NOTICE OF THE STATE GOVERNMENT THAT THE GOVERNMENT OF INDIA HAVE IN CONSULTATION WITH THE COMPTROLLER AND AUDITOR GENERAL OF INDIA DECIDED THAT AS AND WHEN A GOVERNMENT UNDERTAKING IS CONVERTED INTO A STATE-OWNED PRIVATE LIMITED COMPANY SPECIFIC APPROVAL OF THE PARLIAMENT SHOULD BE OBTAINED BY MEANS OF A TOKEN VOTE OR OTHERWISE FOR THE TRANSFER OF GOVERNMENT ASSETS TO THE NEW COMPANY

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