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Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982 Complete Act

Title: Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982

State: Central

Year: 1982

.....Priority of claims Section20 - Examination of claims Section21 - Admission or rejection of claims Section22 - Disbursement of money by the Commissioner Section23 - Disbursement of amounts to the Company Section24 - Undisbursed or unclaimed amount to be deposited with the general revenue account Chapter VII Section25 - Act to have overriding effect Section26 - Contracts to cease to have effect unless ratified by Central Government or 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 ScheduleI - SCHEDULE I

Amritsar Oil Works (Acquisition and Transfer of Undertakings) Act, 1982 Complete Act

Title: Amritsar Oil Works (Acquisition and Transfer of Undertakings) Act, 1982

State: Central

Year: 1982

.....to the Commissioner Section16 - Priority in relation to claims Section17 - Claims to be made to the Commissioner Section18 - Proof of claims Section19 - Disbursement of money by the Commissioner to claimants Section20 - Undisbursed or unclaimed amount to be deposited to the general revenue account Chapter VII Section21 - Act to have overriding effect Section22 - Contract to cease to have effect unless ratified by the Central Government or Government company Section23 - Penalties Section24 - Offences by companies Section25 - Protection of action taken in good faith Section26 - Delegation of powers Section27 - Power to make rules Section28 - Power to remove difficulties

Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982 Preamble 1

Title: Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982

State: Central

Year: 1982

.....the interests of the general public by ensuring the continuity of production of scientific instruments which are vital to the needs of the country and for matters connected therewith or incidental thereto. WHEREAS the Andhra Scientific Company Limited had been engaged in the manufacture and production of articles mentioned in the First Schedule to the Industries (Development and Regulation) Act, 1951, namely, scientific instruments; AND WHEREAS the management of the undertakings of the Andhra Scientific Company Limited was taken over by the Central Government under section I8AA of the Industries (Development and Regulation) Act, 1951; AND WHEREAS it is necessary to acquire the undertakings of the Andhra Scientific Company Limited to ensure that the interests of the general public are served by the continuance, by the undertakings of the Company, of the production of the aforesaid articles which are vital to the needs of the country; BE it enacted by Parliament in the Thirty-third Year of the Republic of India as follows:--

Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982 Chapter II

Title: Acquisition and Transfer of the Undertakings of the Company

State: Central

Year: 1982

.....against that Government company, (2) For the removal of doubts, it is hereby declared that-- (a) save as otherwise expressly provided in this section or in any other provision of this Act, no liability of the Company in respect of any period prior to the appointed day, shall be enforceable against the Central Government, or, where the undertakings of the Company are directed, under section 6, to vest in a Government company, against that Government company; (b) no award, decree or order of any court, tribunal or other authority in relation to the undertakings of the Company, passed after the appointed day, in respect of any matter, claim or dispute which arose before that day, shall be enforceable against the Central Government, or, where the undertakings of the Company are directed, under section 6, to vest in a Government company, against that Government company; (c) no liability incurred by the Company before the appointed day, for the contravention of any provision of law for the time being in force, shall be enforceable against the Central Government, or, where the undertakings of the Company are directed, under section 6, to vest in a Government company, against.....

Amritsar Oil Works (Acquisition and Transfer of Undertakings) Act, 1982 Preamble 1

Title: Amritsar Oil Works (Acquisition and Transfer of Undertakings) Act, 1982

State: Central

Year: 1982

.....towards securing the principles specified in clauses (b) and (c) of article 39 of the Constitution. WHEREAS the Amritsar Sugar Mills Company has through its undertakings, namely the factory known as the Amritsar Oil Works, Amritsar been engaged in the manufacture and production of certain commodities, namely, vanaspati and refined edible oils which are essential to the needs of the community; AND WHEREAS the management of the said Amritsar Oil Works was taken over by the Central Government under the Industries (Development and Regulation) Act, 1951; AND WHEREAS it is necessary to acquire the undertakings of the Amritsar Sugar Mills Company in relation to the said Amritsar Oil Works for sustaining and strengthening the nucleus of public owned or controlled units required for ensuring supply of wholesome vanaspati and refined edible oils to the public at reasonable prices; AND WHEREAS such acquisition is for giving effect to the policy of the State towards securing the principles specified in clauses (b) and (c) of Article 39 of the Constitution; BE it enacted by Parliament in the Thirty-third Year of the Republic of India as follows

Amritsar Oil Works (Acquisition and Transfer of Undertakings) Act, 1982 Chapter II

Title: Acquisition and Transfer of Amritsar Oil Works

State: Central

Year: 1982

.....become due and payable, (3) For the removal of doubts, it is hereby declared that-- (a) save as otherwise expressly provided in this section or in any other section of this Act, no liability, other than the liability specified in sub-section (2), of the Amritsar Sugar Wills Company in relation to the Amritsar Oil Works in respect of a period prior to the appointed day shall be enforceable against the Central Government or the Government Company, as the case may be; (b) no award, decree or order of any court, tribunal or other authority in relation to the Amritsar Oil Works, passed after the appointed day, in respect of any matter, claim or dispute in relation to any matter, not being a matter referred to in sub-section (2), which arose before that date shall be enforceable against the Central Government or the Government company, as the case may be; (c) no liability incurred by the Amritsar Sugar Mills Company before the appointed day, for the contravention, in relation to the Amritsar Oil Works, of any provision of law for the time being in force, shall be enforceable against the Central Government or the Government company, as the case may be.

Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982 Section 3

Title: Transfer To, and Vesting In, the Central Government of the Undertakings of the Company

State: Central

Year: 1982

On the appointed day, the undertakings of the Company, and the right, title and interest of the Company in relation to its undertakings, shall, by virtue of this Act, stand transferred to, and shall vest in, the Central Government.

Amritsar Oil Works (Acquisition and Transfer of Undertakings) Act, 1982 Section 3

Title: Transfer To, and Vesting In, the Central Government of Amritsar Oil Works

State: Central

Year: 1982

On the appointed day, the Amritsar Oil Works and the right, title and interest of the Amritsar Sugar Mills Company in relation to the Amritsar Oil Works shall, by virtue of this Act. stand transferred to, and shall vest in, the Central Government.

Amritsar Oil Works (Acquisition and Transfer of Undertakings) Act, 1982 Complete Act

State: Central

Year: 1982

.....the Central Government or the Government company shall not omit to ratify a contract and shall not make any alteration or modification in a contract- (a) unless it is satisfied that such contract is unduly onerous or has been entered into in bad faith or is detrimental to the interest of the Central Government or the Government company; and (b) except after giving the parties to the contract a reasonable opportunity of being heard and except after recording in writing its reasons for refusal to ratify the contract or for making any alteration or modification therein. SECTION 23: PENALTIES - Any person who,- (a) having in his possession, custody or control any property forming part of the Amritsar Oil Works, wrongfully withholds such property from the Central Government or the Government company; or (b) wrongfully obtains possession of, or retains, any property forming part of, the Amritsar Oil Works; or (c) wilfully withholds or fails to furnish to the Central Government or the Government company or any person or body of persons specified by that Government or the Government company, as the case may be, any document relating to the Amritsar Oil Works which may be in.....

Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982 Complete Act

State: Central

Year: 1982

.....and the order, if any, for the payment of the claim being treated as an order for the refund of revenue. CHAPTER 07: MISCELLANEOUS SECTION 25: ACT TO HAVE OVERRIDING EFFECT - The provisions of this Act shall have effect notwithstanding anything inconsistent therewith in any other law for the time being in force or in any instrument having effect by virtue of any law, other than this Act, or in any decree or order of any court, tribunal or other authority. SECTION 26: CONTRACTS TO CEASE TO HAVE EFFECT UNLESS RATIFIED BY CENTRAL GOVERNMENT OR GOVERNMENT COMPANY - Every contract entered into by the Company in relation to any of its undertakings, which has vested in the Central Government under section 3-, for any service, sale or supply, and in force immediately before the appointed day, shall, on and from the expiry of a period of thirty days from the date on which this Act receives the assent of the President, cease to have effect unless such contract is, before the expiry of that period, ratified in writing, by the Central Government or the Government company in which such undertaking has been vested under this Act and in ratifying such contract, the Central Government.....