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Start Free TrialIndian Copper Corporation (Acquisition of Undertaking) Act, 1972 Complete Act
State: Central
Year: 1972
.....restricting the use of such property in any manner shall be deemed to have been withdrawn. (3) Subject to the other provisions contained in this Act, all contracts and working arrangements which are subsisting immediately before the appointed day and affecting the company shall, in so far as they relate to the undertaking of the company, cease to have effect or be enforceable against the company or any person who was surety, or had guaranteed the performance thereof, and shall be of as full force and effect against or in favour of the Central Government and enforceable as fully and effectually as if instead of the company, the Central Government had been named therein or had been a party thereto. (4) Subject to the other provisions contained in this Act, any proceeding or cause of action pending or existing immediately before the appointed day by or against the company in relation to its undertaking in India may, as from such commencement, be continued and enforced by or against the Central Government as it might have been enforced by or against the company if this Act had not been passed, and shall cease to be enforceable by or against the company, its surety or guarantor. .....
List Judgments citing this sectionIndian Copper Corporation (Taking over of Management) Act, 1972 Preamble 1
Title: Indian Copper Corporation (Taking over of Management) Act, 1972
State: Central
Year: 1972
THE INDIAN COPPER CORPORATION (TAKING OVER OF MANAGEMENT) ACT, 1972 [Act, No. 11 of 1972] [20th April, 1972] PREAMBLE An Act to provide for the taking over, in the public interest, of the management of the undertaking of the Indian Copper Corporation Limited, pending acquisition of that undertaking. Whereas it is expedient in the public interest that the undertaking of the Indian Copper Corporation Limited should be acquired for the purpose of enabling the Central Government to conserve and exploit in a scientific and rational manner to the maximum advantage of the nation, the copper deposits in the Singhbhum belt in the State of Bihar and to utilise the deposits in such manner as to subserve the common good, in the context of the requirements of copper in the country; AND WHEREAS it is expedient, in the public interest, to take over the management of the undertaking of the Indian Copper Corporation Limited pending acquisition thereof; BE it enacted by Parliament in the Twenty-third Year of the Republic of India as follows:-
View Complete Act List Judgments citing this sectionIndian Copper Corporation (Acquisition of Undertaking) Act, 1972 Preamble 1
Title: Indian Copper Corporation (Acquisition of Undertaking) Act, 1972
State: Central
Year: 1972
THE INDIAN COPPER CORPORATION (ACQUISITION OF UNDERTAKING) ACT, 1972 [Act, No. 58 of 1972] [21st September, 1972] PREAMBLE An Act to provide for the acquisition of the undertaking of the Indian Copper Corporation Limited for the purpose of enabling the Central Government to conserve and exploit, hi a scientific and rational manner, to the maximum advantage of the nation, the copper deposits in the Singhbhum belt in the State of Bihar, to utilise the copper deposits in such manner as to subserve the common good, in the context of the requirements of copper in the country, and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Twenty-third Year of the Republic of India as follows :--
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