Preamble 1 - KARNATAKA CO-OPERATIVE TEXTILE MILLS (ACQUISITION AND TRANSFER) ACT, 1986
Chapter I Section 1 - Short title and commencement
Section 2 - Definitions
Chapter II Section 3 - Declaration under Article 31C of the Constitution
Section 4 - Transfer and vesting of the Mills in the Government
Section 5 - General effect of vesting
Section 6 - Lessor or lessee to be liable for certain prior liabilities
Section 7 - Right of Government to recover back wages etc.
Section 8 - Power of the Government to direct vesting of the mills in the company
Chapter III Section 9 - Amount to be given to lessor, lessee and other interested persons
Section 10 - Payment of further amounts
Chapter IV Section 11 - Management etc., of the mills
Section 12 - Duties of persons in-charge of management of the mills
Section 13 - Duty of persons to account for assets etc., in their possession
Section 14 - Accounts and audit
Chapter V Section 15 - Appointment of Commissioner of payment
Section 16 - Payment by the Government to the Commissioner
Section 17 - Certain powers of the Government and the Company
Section 18 - Claims to be made to the Commissioner
Section 19 - Priority of claims
Section 20 - Examination of claims
Section 21 - Admission or rejection of claims
Section 22 - Disbursement of the amount by the Commissioner to the claimants
Section 23 - Undisbursed or unclaimed amount to be deposited to the General Revenue Account
Chapter VI Section 24 - Transfer of service of officers or other employees of the mills
Section 25 - Transfer of provident fund, welfare fund, etc.
Chapter VII Section 26 - Act to have overriding effect
Section 27 - Contract to cease to have effect unless ratified by Company
Section 28 - Protection of action taken in good faith
Section 29 - Penalties
Section 30 - Offences by Companies
Section 31 - Power to make rules
Section 32 - Power to remove difficulties
Section 33 - Repeal and savings
Schedule 1 - SCHEDULE