Act Info:
Preamble1 - BRITISH INDIA CORPORATION LIMITED (ACQUISITION OF SHARES) ACT , 1981
Chapter I Section1 - Short title and commencement
Section2 - Defintions
Chapter II Section3 - Transfer and vesting of shares of the company in the central government
Section4 - Management of the company
Section5 - Payments of amounts
Section6 - Appointment of commissioner of payments
Section7 - Payments by the central government to the commissioner
Section8 - Claims to be made to the commissioner
Section9 - Examinations of claims
Section10 - Admission or rejection of claims
Section11 - Disbursement of money by the Commissioner to claimants
Section12 - Undisbursed or unclaimed amount to be deposited to the general Revenue account
Section13 - Power of inspection
Section14 - Power of Commissioner to inquire into disputes as to amount
Section15 - Deposit of amount in court
Chapter III Section16 - Act to have over riding effect
Section17 - Penalties
Section18 - Offences by companies
Section19 - Limitation of cognizance of offences
Section20 - Power to make rules
Section21 - Repeal and saving