Act Info:Preamble1 - JAYANTI SHIPPING COMPANY ( ACQUISITION OF SHARES ) Act , 1971
Chapter I
Section1 - Short title and commencement
Section2 - Definitions
Chapter II
Section3 - Vesting of shares of company in Central Government and compensation therefor
Section4 - Apportionment and manner of payment of compensation
Chapter III
Section5 - Allocation of shares to Shipping Corporation of India and certain other persons
Section6 - Amendment of memorandum and articles of association of company
Section7 - Interim management of company
Chapter IV
Section8 - Directors, etc, not entitled to compensation
Section9 - Contracts in bad faith, etc, may be cancelled or varied
Section10 - Duty to deliver possession of property of company and documents relating to company
Section11 - Powers of inspection
Section12 - Penalty for false statements
Section13 - Limitation on prosecution
Section14 - Act to have overriding effect
Section15 - Protection of action taken under this Act
Section16 - Power to make rules
Section17 - Power to remove difficulties
Section18 - Repeals and saving
ScheduleI - THE SCHEDULE