Act Info:
Preamble1 - HINDUSTAN TRACTORS LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1978
Chapter I Section1 - Short title and commencement
Section2 - Definition
Chapter II Section3 - Transfer to and vesting in the Central Government of the undertakings of the company
Section4 - General effect of vesting
Section5 - Company to be liable for certain prior liabilities
Section6 - Vesting of the undertakings of the Company in the State Government of Gujarat
Section7 - Power of State Government to direct vesting of the undertakings of the Company in a Government Company
Chapter III Section8 - Payment of amount
Section9 - Payment of further amount
Chapter IV Section10 - Management, etc. of the undertakings of the Company
Section11 - Duty to deliver possession of property acquired and documents relating thereto
Section12 - Accounts to be rendered by the Company or any other person
Section13 - Accounts
Chapter V Section14 - Employment of certain employees to continue
Section15 - Provident Fund and other funds
Chapter VI Section16 - Appointment of Commissioner of Payments
Section17 - Payment by the Central Government to the Commissioner
Section18 - Certain powers of the Central Government or State Government or Government company
Section19 - Claims to be made to the Commissioner
Section20 - Priority of claims
Section21 - Examination of claims
Section22 - Admission or rejection of claims
Section23 - Disbursement of amount by the Commissioner of claimants
Section24 - Disbursement of amounts to the Company
Section25 - Undisbursed or unclaimed amount to be deposited to the general revenue account
Section26 - Assumption of liability
Chapter VII Section27 - Act to have overriding effect
Section28 - Provision relating to contracts
Section29 - Transfer of assets, etc., to be void in certain cases
Section30 - Protection of action taken in good faith
Section31 - Penalties
Section32 - Offences by companies
Section33 - Delegation of powers
Section34 - Power of Central Government to make rules
Section35 - Power to remove difficulties
Section36 - Declaration as to the policy of the State
ScheduleI - SCHEDULE