Section 9 in The Beedi and Cigar Workers (Conditions of Employment) Amendment Act, 1993

Title: Amendment of section 39

Description: In this section 39 of the principal Act, in sub-section (2), for the portion beginning with the words "shall be settled" and ending with the words "specify in this behalf", the following shall be substituted, namely:-- "shall be referred for settlement within such time and by such authority as the State Government may, be rules, specify in this behalf and such rules may also provide for the summary manner in which such dispute shall be settled".

Title: Amendment of section 44.

Description: In section 44 of the principal Act, in sub-section (2), in clauses (w), for the words "authority by which and the manner in which a dispute as to the issue of raw materials shall be settled", the words "the time within which a dispute specified in sub-section (2) of section 39 shall be referred for settlement, the authority by which and the summary manner in which such dispute shall be settled" shall be substituted.

Title: Short title and commencement

Description: (1) This Act may be called the Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993. (2) It shall be deemed to have come into force on the 1st day of October, 1992.

Title: Definitions

Description: In this Act, unless the context otherwise requires,-- (a) "appointed day" means such date as the Central Government may, by notification in the Official Gazette, appoint under section 3; (b) "Company" means the Industrial Finance Corporation of India Limited to be formed and registered under the Companies Act, 1956 (1 of 1956); (c) "Corporation" means the Industrial Finance Corporation of India established under sub-section (1) of section 3 of the Industrial Finance Corporation Act, 1948 (15 of 1948).

Title: Undertaking of the Corporation to vest in the company

Description: 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.