Act Info:Preamble1 - BRITANNIA ENGINEERING COMPANY LIMITED (MOKAMEH UNIT) AND THE ARTHUR BUTLER AND COMPANY (MUZAFFARPORE) LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKING) ACT 1978
Chapter I
Section1 - Short title and commencement
Section2 - Definitions
Chapter II
Section3 - Vesting the Central Government of Mokameh unit and undertakings of Arthur Butler and Company
Section4 - General effect if vesting
Section5 - Power of Central Government to direct vesting of Mokameh unit and the undertakings of Arthur Butler and Company in a Government Company
Section6 - Britannia engineering company and Arthur Butler and Company to be liable for certain prior liabilities
Chapter III
Section7 - Payment of amount
Section8 - Payment of further amount
Chapter IV
Section9 - Management etc., of Mokameh unit undertakings of Arthur Butler and Company
Section10 - Duty to deliver possession of Mokameh unit and under-takings of Arthur Butler and Company
Section11 - Duty of the companies to furnish particulars
Section12 - Duty of persons in charge of manage of Mokameh unit pro under takings of Arthur and company to deliver assets etc.
Chapter V
Section13 - Employment of employees to continue
Section14 - Provident fund and other funds
Chapter VI
Section15 - Appointment of Commissioner Of Payments
Section16 - Payment of Central Government to the Commissioner
Section17 - Certain powered of the Central Government or Government Company
Section18 - Claims to be made Commissioner
Section19 - Priority of claims
Section20 - Examination of claims
Section21 - Administration or rejection of claims
Section22 - Disbursement of money by Commissioner
Section23 - Disbursement of amounts to Britannia Engineering Company and Arthur Butler and Company
Section24 - Undisbursed or unclaimed amount to be deposited with the general revenue account
Chapter VII
Section25 - Act have overriding effect
Section26 - Contracts to cease to have effect unless ratified by the Central Government or the Government Company
Section27 - Penalties
Section28 - Offences by companies
Section29 - Protection of action taken in good faith
Section30 - Delegation of Powers
Section31 - Power to make rules
Section32 - Power to remove difficulties
Section33 - Declaration as to the policy of the State
ScheduleI - FIRST SCHEDULE
ScheduleII - SECOND SCHEDULE