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Iron and Steel Companies Amalgamation Act, 1952 [Repealed] Preamble 1

Title: Iron and Steel Companies Amalgamation Act, 1952

State: Central

Year: 1952

..... PREAMBLE An Act to make special provision, in the interests of the general public and the Union, for the amalgamation of certain companies closely connected with each other in the manufacture and production of iron and steel, and for matters connected therewith or incidental thereto. WHEREAS for the purpose of securing, in the interest of the general public and the Union, the efficient and economical expansion and working of the iron and steel industry in India, it is essential that the Steel Corporation of Bengal, Limited, and the Indian Iron and Steel Company, Limited, which are engaged in the manufacture and production of iron and steel, should be amalgamated. AND WHEREAS to give effect to the scheme of the Central Government for the expansion of the iron and steel industry and to make available further resources for such expansion, it is necessary that the said companies should be amalgamated with as little delay as possible; AND WHEREAS the amalgamation of the said companies is also in pursuance of successive recommendations made by the Tariff Board and the Tariff Commission; BE it enacted by Parliament as follows :--

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Iron and Steel Companies Amalgamation Act, 1952 [Repealed] Repealing Act 1

Title: Iron and Steel Companies (Amalgamation and Takeover Laws) Repeal Act, 2000

State: Central

Year: 1952

THE IRON AND STEEL COMPANIES (AMALGAMATION AND TAKEOVER LAWS) REPEAL ACT, 2000 [Act, No. 26 of 2000] [11th August, 2000] PREAMBLE An Act to repeal the Iron and Steel Companies Amalgamation Act, 1952 and the Indian Iron and Steel Company (Taking Over of Management) Act, 1972. Be it enacted by Parliament in the Fifty-first Year of the Republic of India as follows:-- 1. Short title This Act may be called the Iron and Steel Companies (Amalgamation and Takeover Laws) Repeal Act, 2000. 2. Repeal of Acts The Iron and Steel Companies Amalgamation Act, 1952 (79 of 1952) and the Indian Iron and Steel Company (Taking Over of Management) Act, 1972 (50 of 1972) are hereby repealed.

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Iron and Steel Companies (Amalgamation and Takeover Laws) Repeal Act, 2000 Preamble 1

Title: Iron and Steel Companies (Amalgamation and Takeover Laws) Repeal Act, 2000

State: Central

Year: 2000

THE IRON AND STEEL COMPANIES (AMALGAMATION AND TAKEOVER LAWS) REPEAL ACT, 2000 [Act, No. 26 of 2000] [11th August, 2000] PREAMBLE An Act to repeal the Iron and Steel Companies Amalgamation Act, 1952 and the Indian Iron and Steel Company (Taking Over of Management) Act, 1972. Be it enacted by Parliament in the Fifty-first Year of the Republic of India as follows:--

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Iron and Steel Companies Amalgamation Act, 1952 Complete Act

State: Central

Year: 1952

.....Amalgamation Act, 1952 and the Indian Iron and Steel Company (Taking Over of Management) Act, 1972, 4. The Bill seeks to repeal the aforesaid Acts. An Act to make special provision, in the interests of the general public and the Union, for the amalgamation of certain companies closely connected with each other in the manufacture and production of iron and steel, and for matters connected therewith or incidental thereto. Whereas for the purpose of securing, in the interest of the general public and the Union, the efficient and economical expansion and working of the iron and steel industry in India, it is essential that the Steel Corporation of Bengal, Limited, and the Indian Iron and Steel Company, Limited, which are engaged in the manufacture and production of iron and steel, should be amalgamated. And whereas to give effect to the scheme of the Central Government for the expansion of the iron and steel industry and to make available further resources for such expansion, it is necessary that the said companies should be amalgamated with as little delay as possible; And whereas the amalgamation of the said companies is also in pursuance of successive recommendations made.....

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Iron and Steel Companies (Amalgamation and Takeover Laws) Repeal Act, 2000 Complete Act

State: Central

Year: 2000

IRON AND STEEL COMPANIES (AMALGAMATION AND TAKEOVER LAWS) REPEAL ACT, 2000 IRON AND STEEL COMPANIES (AMALGAMATION AND TAKEOVER LAWS) REPEAL ACT, 2000 26 of 2000 August 11, 2000 An Act to repeal the Iron and Steel Companies Amalgamation Act, 1952 and the Indian ; Iron and Steel Company (Taking Over of Management) Act, 1972 Be it enacted by Parliament in the Fifty-first Year of the Republic of India as follows :" 1. Received the assent of the President on August 11, 2000 and published in the Gazette of India, Extra., Part II, . Section 1, dated 11th August, 2000, p. 1, No. 33 2. Received the assent of the President on August 11, 2000 and published in the Gazette of India, Extra., Part II, Section 1, dated 11th August, 2000, p. 1, No. 34 SECTION 01: SHORT TITLE "This Act may be called the Iron and Steel Companies (Amalgamation and Takeover Laws) Repeal Act, 2000. SECTION 02: REPEAL OF ACTS 79 OF 1952 AND 50 OF 1972 "The Iron and Steel Companies Amalgamation Act, 1952 and the Indian Iron and Steel Company (Taking Over of Management) Act, 1972 are hereby repealed. Central Bare Acts

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Iron and Steel Companies (Amalgamation and Takeover Laws) Repeal Act, 2000 Section 1

Title: Short Title

State: Central

Year: 2000

This Act may be called the Iron and Steel Companies (Amalgamation and Takeover Laws) Repeal Act, 2000.

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Iron and Steel Companies (Amalgamation and Takeover Laws) Repeal Act, 2000 Section 2

Title: Repeal of Acts

State: Central

Year: 2000

The Iron and Steel Companies Amalgamation Act, 1952 (79 of 1952) and the Indian Iron and Steel Company (Taking Over of Management) Act, 1972 (50 of 1972) are hereby repealed.

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Iron and Steel Companies Amalgamation Act, 1952 [Repealed] Section 1

Title: Short Title and Commencement

State: Central

Year: 1952

(1) This Act may be called the Iron and Steel Companies Amalgamation Act, 1952. (2) It shall be deemed to have come into force on the 29th day of October, 1952.

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Iron and Steel Companies Amalgamation Act, 1952 [Repealed] Section 15

Title: Repeal of Ordinance Viii of 1952

State: Central

Year: 1952

The Iron and Steel Companies Amalgamation Ordinance, 1952 (VIII of 1952), is hereby repealed.

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Iron and Steel Companies Amalgamation Act, 1952 [Repealed] Section 14

Title: Power to Make Rules for Facilitating Amalgamation

State: Central

Year: 1952

.....disposal of shares in the dissolved company which do not represent one fully paid up share in the Iron and Steel Company under clause (b) of sub--section (1) of section 7, whether by the surrender to the Iron and Steel Company of the fractional certificates relating thereto with other fractional certificates so as to represent in all one fully paid up share, or, at the option of the shareholder, by the surrender of the fractional certificates to the Iron and Steel Company for sale by the company on his account; (c) for fixing the period within which any action required to be taken under this Act may be taken; (d) for the alteration, notwithstanding anything to the contrary contained in the Indian Companies Act, 1913 (VII of 1913), of the memorandum or articles of association of the Iron and Steel Company for the purpose of increasing the capital of the company or the borrowing powers of the directors thereof or for the purpose of securing the representation of the Central Government on the Board of Directors of the company or for any other purpose; (e) for requiring any person concerned with the keeping of the register of the holders of any shares, securities or.....

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