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Start Free TrialSugar Undertakings (Taking over of Management) Act, 1978 Chapter II
Title: Taking over of Management
State: Central
Year: 1978
.....has in any sugar year failed to commence the manufacture of sugar on or before the appointed day in respect of that year, or having started the manufacture of sugar on or before that day ceased to manufacture sugar before the expiry of the average period of manufacture of sugar in relation to that undertaking; or (b) that on any date in any sugar year any sugar undertaking has, in relation to the cane1[purchased at any time (whether in that sugar year or in any earlier sugar year or sugar years and whether before or after the commencement of this Act), before that date] for the purposes of the undertaking, arrears of cane dues to the extent of more than ten percent, of the total price of the cane purchased for the purposes of the undertaking during the immediately preceding sugar year; and (c) that in either case the effective functioning of the undertaking is necessary for the purposes of this Act, the Central Government may issue a notice in such form and in such manner as may be prescribed to the owner or the manager of such sugar undertaking calling upon such owner or manager to report in writing within such time, not being less than five days, as may be specified in.....
View Complete Act List Judgments citing this sectionYoga Undertakings (Taking over of Management) Act, 1977 [Repealed] Chapter II
Title: Taking over of the Management of the Undertakings of the Two Yoga Societies
State: Central
Year: 1977
.....of the two Yoga Societies or in relation to any matter arising in the course of such management. (3) Subject to the other provisions of this Act and the rules made thereunder and to the control of the Central Government, the Administrator shall be entitled, notwithstanding anything contained in the Societies Registration Act or in any other law for the time being in force, to exercise, in relation to the Undertakings of the two Yoga Societies the powers of the Governing Body, or, as the case may be, the Board of Trustees, of the respective Yoga Society, including the powers to dispose of any property or assets of such society, whether such powers are derived under any law for the time being in force or from the memorandum and rules and regulations of the concerned Yoga Society or from any other source. (4) Every person having possession, custody or control of any property forming part of any undertaking of either of the two Yoga Societies shall deliver forthwith such property to the Administrator or to any officer or other employee of the Central Government, as may be authorised by the Central Government in this behalf. (5) Any person who, on the appointed day, has in.....
View Complete Act List Judgments citing this sectionLalit Kala Akadami Taking over of Management Act, 1997 Chapter II
Title: Taking over of the Management of the Lalit Kala Akadami
State: Central
Year: 1997
.....the management of the society or in relation to any matter arising in the course of such management. (4) Subject to the other provisions of this Act and the rules made thereunder and to the control of the Central Government, the Administrator shall he entitled, notwithstanding anything contained in the Societies Registration Act or in any other law for the time being in force, to exercise, in relation to the management of the society, the powers of the General Council, or, as the case may be, the Executive Board, including the powers to dispose of any property or assets of such society, whether such powers are derived under any law for the time being in force or from the memorandum and rules and regulations of the society or from any other source. (5) Every person having possession, custody or control of any property forming part of the society shall deliver forthwith such property to the Administrator. (6) Any person who, on the commencement of this Act has in his possession or under his control any bowks, papers, works of art or oilier documents relating to management of the society, including the minutes books containing the resolutions of the persons in charge of the.....
View Complete Act List Judgments citing this sectionParel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed] Preamble 1
Title: Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979
State: Central
Year: 1979
THE PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) ACT, 1979 [Act, No. 29 of 1979] [26th May, 1979] PREAMBLE An Act to provide for the taking over, in the public interest, of the management of the undertakings of the Parel Investments and Trading Private Limited and the Domestic Gas Private Limited, pending acquisition of those undertakings, with a view to maintaining a service essential to the life of the community, namely, the bottling, transporting, marketing and distribution of liquefied petroleum gas, and for matters connected therewith or incidental thereto. WHEREAS the undertakings in India of Caltex (India) Limited, a foreign company, had vested in Caltex Oil Refining (India) Limited, a Government company within the meaning of the Companies Act, 1956 (1 of 1956), under the Caltex [Acquisition of Shares of Caltex Oil Refining (India) Limited and of the Undertakings in India of Caltex (India) Limited] Act, 1977 (17 of 1977); AND WHEREAS the agreement dated the 23rd November, 1970 entered into by Caltex (India) Limited with the East Coast Gas Company, a partnership firm which has since been taken over.....
View Complete Act List Judgments citing this sectionSick Textile Undertakings (Taking over of Management) Act, 1972 Section 5
Title: Appointment of Custodian to Take over the Management of the Sick Textile Undertaking
State: Central
Year: 1972
.....sick textile undertakings, the management of which has vested in it under this Act, and, on such appointment, every Custodian appointed under sub-section (1) shall act under the guidance, control and supervision of the Custodian-General. (3) On the appointment of a Custodian under sub-section (1), the charge of management of the sick textile undertaking shall vest in such Custodian and all persons in charge of the management of such undertaking immediately before such appointment shall cease to be in charge of such management and shall be bound to deliver to the Custodian all assets, books of account, registers or other documents in their custody relating to the sick textile undertaking. (4) The Central Government may issue such directions (including directions as to initiating, defending or continuing any legal proceedings before any Court, tribunal or other authority) to the Custodian or Custodian-General as to his or its powers and duties as the Central Government deems desirable and the Custodian or the Custodian-General may apply to the Central Government at any time for instructions as to the manner in which the Custodian or the Custodian-General shall conduct the.....
View Complete Act List Judgments citing this sectionRailways Act, 1989 Section 96
Title: Traffic Passing over Railways in India and Railways in Foreign Countries
State: Central
Year: 1989
Where in the course of carriage of any consignment from a place in India to a place outside India or from a place outside India to a place in India or from one place outside India to another place outside India or from one place in India to another place in India over any territory outside India, it is carried over the railways of any railway administration in India, the railway administration shall not be responsible under any of the provisions of this Chapter for the loss, destruction, damage or deterioration of the goods, from whatever cause arising, unless it is proved by the owner of the goods that such loss, destruction, damage or deterioration arose over the railway of the railway administration.
View Complete Act List Judgments citing this sectionParel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed] Chapter II
Title: Taking over of Management of the Undertakings of the Two Companies
State: Central
Year: 1979
.....two companies (including the power to dispose of any properties or assets of the two companies) whether such powers are derived from the Companies Act, 1956, or from the memorandum and articles of association of either of the two companies or from any other source. (4) Any person having possession, custody or control of any property forming part of the undertaking of either of the two companies, shall, on demand, deliver forthwith such property to the Custodian or to any such person as may be authorised by the Custodian or the Central Government in this behalf. (5) If any person fails or refuses to comply with any demand made under sub-section (4) for the delivery of any property, the Custodian or any person authorised under the said sub-section may take possession of that property and may, for that purpose, use such reasonable force as may be necessary. (6) Any person who, on the appointed day, has in his possession or under his control any books, papers or other documents relating to the undertaking of either of the two companies, including the minutes books containing the resolutions of the persons in charge of the management thereof before the appointed day, the.....
View Complete Act List Judgments citing this sectionLaxmirattan and Aterton West Cotton Mills (Taking over of Management) Act, 1976 Chapter II
Title: Taking over of the Management of
State: Central
Year: 1976
.....from the funds of the undertakings of each of the two companies such remuneration as the Central Government may fix. Section 5 - Payment of amount (1) Each of the two companies shall be given by the Central Government an amount, in cash, and at the rate specified in sub-section (2), for the vesting in it, under section 3, of the management of the undertakings of each such company. For every month during which the management of the undertakings of each of the two companies remains vested in the Central Government under this Act, the amount, referred to in sub-section (1), shall be computed at the rate of-- rupees ten thousand per annum in the case of Laxmirattan Cotton Mills Company Limited; and rupees eight thousand per annum in the case of Atherton West and Company Limited.
View Complete Act List Judgments citing this sectionTextile Undertakings (Taking over of Management) Act, 1983 Chapter II
Title: Taking over of the Management of Certain Extile Undertakings
State: Central
Year: 1983
.....for the vesting in it, under section 3, of the management of the textile undertaking of the company. (2) for every month during which the management of the textile undertaking remains vested in the Central Government under this Act, the amount referred to in sub-section (1), shall be computed (i) for a spinning unit, at the rate of fifty paise per 1,000 spindles or any part thereof; (ii) for a weaving unit, at the rate of one rupee per 100 looms or any part thereof; (iii) for a composite unit with or without dye-house, at the rate of fifty paise per 1,000 spindles or any part thereof plus one rupee per 100 looms plus one paisa per 10,000 meters of cloth processed in the dye-house based on the average monthly production during the period of three years immediately preceding the appointed day; (iv) for a wholly processing unit (being a unit which does not have any spindle or loom), one paise per one thousand square meters or any part thereof of the average of the total quantity of textiles processed during the period of three years immediately preceding the appointed day in such unit.
View Complete Act List Judgments citing this sectionSick Textile Undertakings (Taking over of Management) Act, 1972 Section 11
Title: Management of Sick Textile Undertakings Pending Taking over Physical Possession by the Custodian
State: Central
Year: 1972
.....No person in charge of the textile undertaking of a company in relation to which any investigation has been ordered, after the compencement of this Act, under section 15 or section 15A of the Industries (Development and Regulation) Act, 1951, 65 of 1965 shall, without the previous approval of the person specified by the Central Government in this behalf in respect of that undertaking (hereinafter referred to as the "authorised person"),-- (i) incur any expenditure from the assets appertaining to the textile undertaking otherwise than for the purpose of making routine payments of salaries or commissions to employees, agents or for the purpose of meeting the routine day to day expenditure; (ii) transfer or otherwise dispose of any such assets or create any charge, hypothecation, lien or other incumbrance thereon; (iii) invest in any manner any monies forming part of such assets; (iv) acquire any immovable property out of the monies forming part of such assets; (v) enter into any contract of service or agency, whether expressly or by implication, for purposes connected wholly or partly with the textile undertaking or vary the terms and conditions of any contract.....
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