Industries (Development and Regulation) Act, 1951 Complete Act - Bare Act

StateCentral Government
Year1951
Act Info:
Preamble1 - INDUSTRIES (DEVELOPMENT AND REGULATION) ACT, 1951
Chapter I
Section1 - Short title, extent and commencement
Section2 - Declaration as to expediency of control by the Union
Section3 - Definitions
Section4 - Saving [Repealed]
Chapter II
Section5 - Establishment and constitution of Central Advisory Council and its functions
Section6 - Establishment and constitution of Development Councils and their functions
Section7 - Reports and accounts of Development Councils
Section8 - Dissolution of Development Councils
Section9 - Imposition of cess on scheduled industries in certain cases
Chapter III
Section10 - Registration of existing industrial undertakings
Section10A - Revocation of registration in certain cases
Section11 - Licensing of new industrial undertakings
Section11A - Licence for producing or manufacturing new articles
Section11B - Power of Central Government to specify the requirements which shall be complied with by small scale industrial undertakings
Section12 - Revocation and amendment of licences in certain cases
Section13 - Further provision for licensing of industrial undertakings in special cases
Section14 - Procedure for the grant of licence or permission
Section15 - Power to cause investigation to be made into scheduled industries or industrial undertakings
Section15A - Power to investigate into the affairs of a company in liquidation
Section16 - Powers of Central Government on completion of investigation under Section 15
Section17 - Special provisions for direct control by Central Government in certain cases [Repealed]
Section18 - Power of person or body of persons appointed under Section 15 to call for assistance in any investigation
Chapter IIIA
Section18A - Power of Central Government to assume management or control of an industrial undertaking in certain cases
Section18AA - Power to take over industrial undertakings without investigation under certain circumstances
Section18B - Effect of notified order under Section 18-A
Section18C - Contracts in bad faith, etc., may be cancelled or varied
Section18D - No right to compensation for termination of office or contract
Section18E - Application of Act 7 of 1913
Section18F - Power of Central Government to cancel notified order under Section 18-A
ChapterIIIAA - MANAGEMENT OF CONTROL OF INDUSTRIAL UNDERTAKINGS OWNED BY COMPANIES IN LIQUIDATION
Section18FA - Power of Central Government to authorise, with the permission of the High Court, persons to take over management or control of industrial undertakings
Chapter IIIAB
Section18FB - Power of Central Government to make certain declarations in relation to industrial undertakings, the management or control of which has been taken over under Section 18-A, Section 18-AA or Section 18-FA
Chapter IIIAC
Section18FC - Power of Central Government to call for report on the affairs and working of managed company
Section18FD - Decision of Central Government in relation to managed company
Section18FE - Provisions where Government decides to follow the course of action specified in Section 18-FD (1)
Section18FF - Provisions where Government decides to follow the course of action specified in Section 18-FD (2)
Section18FG - Preparation of inventory of assets and liabilities and list of members and creditors of managed company
Section18FH - Stay of suits and other proceedings
Chapter IIIB
Section18G - Power to control supply, distribution, price, etc. of certain articles
Chapter IV
Section19 - Powers of inspection
Section20 - General prohibition of taking over management or control of industrial undertakings
Section21 - Certain administrative expenses of Development Councils to be paid from moneys provided by Parliament
Section22 - Power of the Central Government to issue directions to Development Councils
Section23 - Decision of Central Government final respecting certain matters
Section24 - Penalties
Section24A - Penalty for false statements
Section25 - Delegation of powers
Section26 - Power to issue directions
Section27 - Cognizance of offences
Section28 - Burden of proof in certain cases
Section29 - Jurisdiction of Courts
Section29A - Special provision regarding fines
Section29B - Power to exempt in special cases
Section29C - Protection of action taken under the Act
Section29D - Debts incurred by the authorized person to have priority
Section30 - Power to make rules
Section31 - Application of the other laws not barred
Section32 - Amendment of Section 2, Act 14 of 1947
ScheduleI - THE FIRST SCHEDULE
ScheduleII - THE SECOND SCHEDULE
ScheduleIII - THE THIRD SCHEDULE