Act Info:
Preamble1 - ROAD TRANSPORT CORPORATIONS ACT, 1950
Chapter I Section1 - Short title, extent and commencement
Section2 - Definitions
Chapter II Section3 - Establishment of Road Transport Corporations in the States
Section4 - Incorporation
Section5 - Management of Corporation and Board of Directors
Section6 - Disqualification for being chosen as, or being, a member of a Corporation
Section7 - Resignation of office by the Chairman or a [Director]
Section8 - Removal of Chairman and members from office
Section9 - Vacancies amongst members or defect in the constitution not to invalidate acts or proceedings of a [Corporation or its Board.]
Section10 - Temporary association of persons with a [Board] for particular purposes
Section11 - Meetings of Corporations
Section12 - Power to appoint committees and delegate functions
Section13 - Authentication of orders and other instruments
Section14 - Officers and servants of the Corporation
Section15 - Managing Director, Chief Accounts Officer and Financial Adviser
Section16 - General disqualification of all officers and servants
Section17 - Appointment of Advisory Council
ChapterIIA - SUBSIDIARY CORPORATIONS
Section17A - Establishment of subsidiary corporations
Chapter III Section18 - General duty of Corporation
Section19 - Powers of Corporation
Section20 - Extension of the operation of the road transport service of a Corporation to areas within another State
Section21 - Carriage of mails
Chapter IV Section22 - General principle of Corporation's finance
Section23 - Capital of the Corporation
Section24 - Additional capital of the Corporation
Section25 - Guarantee by the State Government
Section26 - Borrowing powers
Section27 - Fund of the Corporation
Section28 - Payment of interest and dividend
Section29 - Provision for depreciation and reserve and other funds
Section30 - Disposal of net profits
Section31 - Power to the Corporation to spend
Section32 - Budget
Section33 - Accounts and audit
Chapter V Section34 - Directions by the State Government
Section35 - Returns and reports
Section36 - Power to order inquiries
Section37 - Power to control a party of the undertaking of a Corporation
Section38 - Power to supersede a Corporation
Section39 - Liquidation of Corporation
Section40 - Compensation for acquisition of road transport undertakings
Section41 - Corporation to be deemed to be a local authority and provision as to third party risks (Omitted)
Section42 - Power of entry
Section43 - [Directors] [Officers and other employees] of a Corporation to be public servants
Section44 - Power to make rules
Section45 - Power to make regulations
Section45A - Every rule and regulation to be laid before State Legislature
Section46 - Penalty for breach of rules
Section47 - Special provisos relating to Bombay
Section47A - Special provision for reconstitution or dissolution of certain Corporations
Section48 - Transitional provision relating to Bombay State Road Transport Corporation
Chapter VI Section49 - Prosecution and cognisance of offences
Section50 - Appointment of Magistrates
Section51 - Composition of offences
Section52 - Limitation of time for prosecution
Section53 - Power of Magistrate to hear cases in absence of accused when summoned to appear