law: Life Insurance Corporation Act, 1956 
  34. Revesting of
  
  certain shares vested in the Administrator General.- 
  Notwithstanding
  
  anything contained in the Insurance Act, all shares which have vested in the
  
  Administrator General of any State under Sub-section (8) of the section 6A of
  
  that Act and which have not been disposed of in accordance with the provisions
  
  of that sub-section before the appointed day, shall, in payment of the amount
  
  of expenditure, if any, incurred by the Administrator General in relation to
  
  such shares by the persons who would have been entitled to those shares if the
  
  said sub-section had not been enacted, revest in such persons.