Section 5: Concession, etc., to be deemed to have been granted to the Company

Q: What does Section 5 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) deal with?

Section 5 TIFCTURA pertains to "Concession, etc., to be deemed to have been granted to 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 5 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) governs concession, etc., to be deemed to have been granted to the Company. As verified on 19 May 2026.

Q: Is Section 5 TIFCTURA still in force?

Yes, Section 5 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 5 TIFCTURA?

धारा 5 TIFCTURA is the Devanagari Hindi reference for Section 5 of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993. Section 5 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) governs concession, etc., to be deemed to have been granted to the Company. As verified on 19 May 2026.

Q: What is Dhara 5 TIFCTURA?

Dhara 5 TIFCTURA is the Roman Hindi reference for Section 5 of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993. "Dhara" means "Section" in Hindi. Section 5 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) governs concession, etc., to be deemed to have been granted to the Company. As verified on 19 May 2026.

Q: How to cite Section 5 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993?

Cite as: "Section 5, 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, § 5 (India).

Law on Tips Editorial Board

.-With effect from the appointed day, all fiscal and other concessions, licences, benefits, privileges and exemptions granted to the Corporation in connection with the affairs and business of the Corporation under any law for the time being in force shall be deemed to have been granted to the Company.