Act Info:
Preamble1 - BRENTFORD ELECTRIC (INDIA) LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1987
Chapter I Section1 - Short title and commencement
Section2 - Definitions
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 - Power of Central Government to direct vesting of the undertakings of the Company in Andrew ule
Chapter III Section7 - Payment of amount
Section8 - Payment of further amounts
Chapter IV Section9 - Management, etc., of the undertakings of the Company
Section10 - Duty of persons incharge of management of the undertakings of the Company to deliver all assets, etc.
Section11 - Duty of persons to account for assets, etc., in their possession
Chapter V Section12 - Continuance of employees
Section13 - Provident fund and other funds
Chapter VI Section14 - Appointment of Commissioner of Payments
Section15 - Payment by the Central Government to the Commissioner
Section16 - Certain powers of the Central Government or Andrew Yule
Section17 - Claims to be made to the Commissioner
Section18 - Priority of claims
Section19 - Examination of claims
Section20 - Admission or rejection of claims
Section21 - Disbursement of money by the Commissioner to claimants
Section22 - Disbursement of amounts to the Company
Section23 - Undisbursed or unclaimed amount to be deposited to the general revenue account
Chapter VII Section24 - Act to have overriding effect
Section25 - Contracts to cease to have effect unless ratified by the Central Government or Andrew Yule
Section26 - Penalties
Section27 - Offences by companies
Section28 - Protection of action taken in good faith
Section29 - Delegation of powers
Section30 - Power to make rules
Section31 - Power to remove difficulties
Schedule1 - SCHEDULE