Title : Acquisition of the Undertakings of the Two Specified Companies
State : Central
Year : 1982
On the appointed day, the undertakings of each of the two specified companies and the right title and interest of each of the two specified companies in relation to such undertakings shall, by virtue of this Act, stand transferred to, and vest in the Central Government. Section 4 - General effect of vesting The undertakings of each specified company shall be deemed to include all assets, rights, lease-holds, powers, authorities and privileges, and all property, movable and immovable, including lands, buildings, workshops, stores, instruments machinery, and equipment, cash balances, cash on hand cheques demand drafts, reserve funds, investments, book debts and all other rights and interests in or arising out of such property as were immediately before the appointed day in the..... View Complete Act List Judgments citing this sectionTitle : Duty of Persons in Charge of Management of the Undertakings of the Two Secified Companies to Deliver All Assets, Etc.
State : Central
Year : 1982
On the vesting of the undertakings of the two specified companies in the Central Government, all persons in charge of the management of the undertakings immediately before such vesting, shall be bound to deliver to the Central Government all assets, books of account, registers or other documents in their custody relating to the undertakings. Section 9 - Duty of persons to account for assets, etc., in their possession (1) Any person who has, on the appointed day, in his possession or under his control any assets, books, documents or other papers relating to any undertaking owned by a specified company which have vested in the Central Government and which belong to the specified company, or would have so belonged, if the undertakings owned by the specified company had not vested in..... View Complete Act List Judgments citing this sectionTitle : General Insurance Corporation of India
State : Central
Year : 1972
(1) As soon as may be after the commencement of this Act, the Central Government shall form a Government company in accordance with the provisions of the Companies Act, to be known as the General Insurance Corporation of India for the purpose of superintending, controlling and carrying on the business of general insurance. 1 [Provided that on and from the commencement of the General Insurance Business (Nationalisation) Amendment Act, 2002, the provisions of this sub-section shall have effect as if for the words "superintending, controlling and carrying on the business of general insurance", the words "carrying on re-insurance business" had been substituted.] (2) The authorised capital of the Corporation shall be 2 [rupees two hundred and fifty crores, divided into two hundred..... View Complete Act List Judgments citing this sectionTitle : Management Etc.of Textile Undertakings
State : Central
Year : 1995
The National Textile Corporation or any person which that corporation may by order in writing, specify, shall be entitled to exercise the powers of general superintendence, directing, control and management of the affairs and business of a textile undertaking, the right, title and interest of an owner in relation to which have vested in that Corporation under sub-section (2) of section 3, and do all such things as the owner of the textile undertaking is authorised to exercise and do. Section 11 - Special provision for disposal of assets of the textile undertakings in certain circumstances (1) If the National Textile Corporation considers it necessary or expedient for the better management modernisation, restructuring, or revival of a textile undertaking so to do, it may, with the..... View Complete Act List Judgments citing this sectionTitle : Management, Etc., of the Undertakings of the Two Companies
State : Central
Year : 1976
(1) The general superintendence, direction, control and management of the affairs and business of the undertakings of either of the two companies, the right, title and interest in relation to which have vested in the Central Government under section 3, shall,- (a) where a direction has been made by the Central Government under sub-section (1) of section 6, vest in the Government company specified in such direction, or (b) where no such direction has been made by the Central Government, vest in one or more Custodians appointed by the Central Government under sub-section (2). and thereupon the Government company so specified or the Custodian so appointed, as the case may be, shall be entitled to exercise all such powers and do all such things as either, or both, of the companies is..... View Complete Act List Judgments citing this sectionTitle : Goa, Daman and Diu Mining Concessions (Abolition and Declaration as Mining Leases) Act, 1987
State : Central
Year : 1987
Preamble1 - GOA, DAMAN AND DIU MINING CONCESSIONS (ABOLITION AND DECLARATION AS MINING LEASES) ACT, 1987 Chapter I Section1 - Short title Section2 - Definitions Section3 - Act to override all other enactments, etc Chapter II Section4 - Abolition etc., of mining concessions Section5 - General effect of declaring the mining concessions to be mining leases Chapter III Section6 - Payment of amounts to concession holders Section7 - Payment of further amount Chapter IV Section8 - Commissioner of Payments to be appointed Section9 - Payment by the Central Government to the Commissioner Section10 - Claims to be made to the Commissioner Section11 - Liability of Central Government to end on payment of claim Section12 - Disputes how to be dealt with Section13 - Undisbursed or unclaimed..... List Judgments citing this sectionTitle : Investigation, Preparation and Execution, Maintenance Etc. of Schemes by the Board
State : Karnataka
Year : 1973
CHAPTER VI INVESTIGATION, PREPARATION AND1[EXECUTION, MAINTENANCE ETC. OF SCHEMES] BY THE BOARD ________________________ 1. Substituted by Act 45 of 1981 w.e.f. 1.10.1981. View Complete Act List Judgments citing this sectionTitle : The Karnataka Slum Clearance Board
State : Karnataka
Year : 1973
CHAPTER VIII THE1[KARNATAKA] SLUM CLEARANCE BOARD ________________________ 1. Substituted by Act 21 of 1978 w.e.f. 1.11.1994. View Complete Act List Judgments citing this sectionTitle : Miscellaneous
State : Central
Year : 1974
(1) Where any liability of the owner of a sick textile undertaking arising out of any item specified in Category I of the Second Schedule is not discharged fully by the Commissioner out of the amount paid to him under this Act, the Commissioner shall intimate in writing to the Central Government the extent of the liability which remains undischarged, and that liability shall be assumed by the Central Government. (2) The Central Government may, by order, direct the National Textile Corporation to take over any liability assumed by that Government under sub-section (1) and on receipt of such direction, it shall be the duty of the National Textile Corporation to discharge such liability. Section 28 - Management to continue to vest in the Custodian until alternative arrangements are..... View Complete Act List Judgments citing this sectionTitle : Commissioners of Payments
State : Central
Year : 1995
(1) For the purpose of disbursing the amount payable to the owner of each textile undertaking, the Central Government shall, by notification in the Official Gazette. (a) appoint such number of persons as it may think fit to be Commissioners of Payments; and (b) define the local limits within which the Commissioners of Payments shall exercise the powers conferred, and perform the duties imposed, on them by or under this Act. (2) The Central Government may appoint such other persons as it may think fit to assist the Commissioner and thereupon the Commissioner may authorise one or more of such persons also to exercise all or any of the powers exercisable by him under this Act, and different persons may be authorised to exercise different powers. (3) Any person authorised by the..... View Complete Act List Judgments citing this section