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Sick Textile Undertakings( Nationalisation) Act, 1974 Chapter V

Title : Provisions Relating to Employes of Sick Textile Undertakings

State : Central

Year : 1974

(1) Every person who is a workman within the meaning of the Industrial Disputes Act, 1947, and has been immediately before the appointed day, employed in a sick textile undertaking shall become, on and from the appointed day, an employee of the National Textile Corporation, and shall hold office or service in the National Textile Corporation with the same rights and privileges as to pension, gratuity and other matters as would have been admissible to him if the rights in relation to such sick textile undertaking had not been transferred to, and vested in. the National Textile Corporation, and shall continue to do so unless and until his employment in the National Textile Corporation is duly terminated or until his remuneration, terms and conditions of employment are duly altered by the..... View Complete Act      List Judgments citing this section

Sick Textile Undertakings( Nationalisation) Act, 1974 Schedule I

Title : First Schedule

State : Central

Year : 1974

THE FIRST SCHEDULE [See sections 2 (h), 8 and 18] Sl. No. Name of the undertaking Name of the owner Amount (in rupees) (1) (2) (3) (4) 1 Adoni Cotton Mills, Alur Road, Adoni (Andhra Pradesh) Adoni Cotton Mills Limited, 22, Bell Building, Sir P. M. Road, Bombay- 1. 10,79,000 2 Ahmedabad Jupiter Spinning, Weaving and Manufacturing Mills, Mill No. 1, Dadheechi Road, Ahmedabad (Gujarat) The Ahmedabad Jupiter Spinning, Weaving and Manufacturing Company Limited, Dadheechi Road, Ahmedabad. 1,39,06,000 3 Ahmedabad Jupiter Spinning Weaving and Manufacturing Mills, Mill No. 2, Parel, Bombay- 13 (Maharashtra) ..... View Complete Act      List Judgments citing this section

Jute Companies (Nationalisation) Act, 1980. Preamble 1

Title : Jute Companies (Nationalisation) Act, 1980.

State : Central

Year : 1980

THE JUTE COMPANIES (NATIONALISATION) ACT, 1980 [Act, No. 62 of 1980] [21st December, 1980] PREAMBLE An Act to provide for the acquisition and transfer of the undertakings of the Jute Companies, specified in the First Schedule with a view to securing the proper management of such undertakings so as to subserve the interest of the general public by ensuring the continued manufacture, production and distribution of articles, made of jute, which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto. WHEREAS the said Jute Companies has been engaged in the manufacture and production of articles mentioned in the First Schedule to the Industries (Development and Regulation) Act, 1951(65 of 1951), namely, textiles made wholly..... View Complete Act      List Judgments citing this section

General Insurance Business (Nationalisation) Act,1972 Chapter II

Title : Transfer to Public Ownership of Genral Insurance Business

State : Central

Year : 1972

(1) On the appointed day, all the shares in the capital of every Indian Insurance company shall, by virtue of this Act, stand transferred to and vested in the Central Government free of all trusts, liabilities and encumbrances affecting them. (2) Out of the shares so transferred and vested, the Central Government shall, immediately thereafter, by notification, provide for the transfer of not less than ten shares of every such company to such persons as may be specified in the notification to enable the Indian insurance company to function as a Government company. (3) Every notification made under sub-section (2) shall specify the names and description of the persons to whom the shares are transferred and the particulars of the shares which are transferred to each such person. (4)..... View Complete Act      List Judgments citing this section

General Insurance Business (Nationalisation) Act,1972 Schedule 1

Title : The Schedule

State : Central

Year : 1972

THE SCHEDULE (See Section 11) Amount to be paid PART A Serial Number Name of Indian insurance Company Amount to be paid (1) (2) (3) Rs. 1 All India General Insurance Company Ltd. 10,00,000 2 Anand Insurance Company Ltd. Preference shares 3,50,000 Equity shares 2,00,000 3 Bhabha Marine Insurance Company Ltd. 54,448 4 Bharat General Reinsurance Ltd. Preference shares 8,18,000 Ordinary shares 13,49,844 5 British India General Insurance Company Ltd. 37,50,000 6 Calcutta Insurance Company..... View Complete Act      List Judgments citing this section

General Insurance Business (Nationalisation) Act,1972 Amending Act 1

Title : General Insurance Business (Nationalisation) Amendment Act, 2002

State : Central

Year : 1972

Amending Act 1 - GENERAL INSURANCE BUSINESS (NATIONALISATION) AMENDMENT ACT, 2002 GENERAL INSURANCE BUSINESS (NATIONALISATION) AMENDMENT ACT, 2002 [Act No. 40 of 2002] Preamble An Act further to amend the General Insurance Business (Nationalisation) Act, 1972 BE it enacted by Parliament in the Fifty-third Year of the Republic of India as follows :-- 1. Short title and commencement (1) This Act maybe called the General Insurance Business (Nationalisation) Amendment Act,2002. (2) It shallcome into force on such date1 as the Central Government may, bynotification in the Official Gazette, appoint. ______________________ 1. Dateappointed is 21.03.2003 by Notification No. SO 329(E) dated 21.03.2003 2. Amendment of section 9 In section 9..... View Complete Act      List Judgments citing this section

Hind Cycles and Sen-raleigh Limited (Nationalisation) Act, 1980 Preamble 1

Title : Hind Cycles and Sen-raleigh Limited (Nationalisation) Act, 1980

State : Central

Year : 1980

THE HIND CYCLES AND SEN-RALEIGH LIMITED (NATIONALISATION) ACT, 1980 [Act, No. 70 of 1980] [27th December, 1980] PREAMBLE An Act to provide for the acquisition of the undertakings of the Hind Cycles and Sen-Raleigh Limited, with a view to securing the proper management of such undertakings so as to subserve the interest of the general public by ensuring the continued manufacture, production and distribution of bicycles, and their component parts and accessories which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto. Whereas Hind Cycles Limited and Sen-Raleigh Limited has been engaged in the manufacture, production and distribution of articles mentioned in the First Schedule to the Industries (Development and..... View Complete Act      List Judgments citing this section

Hind Cycles and Sen-raleigh Limited (Nationalisation) Act, 1980 Section 1

Title : Short Title and Commencement

State : Central

Year : 1980

(1) This Act may be called the Hind Cycles and Sen-Raleigh Limited (Nationalisation) Act, 1980. (2) It shall be deemed to have come into force on the 15th day of October, 1980. View Complete Act      List Judgments citing this section

Textile Undertakings (Nationalisation) Act,1995 Preamble 1

Title : Textile Undertakings (Nationalisation) Act,1995

State : Central

Year : 1995

TEXTILE UNDERTAKINGS (NATIONALISATION) ACT,1995 [Act, No. 39 of 1995] [8th September, 1995] PREAMBLE An Act to provide for the acquisition and transfer of the textile undertakings, and the right, title and interest of the owners in respect of the textile undertakings, specified in the First Schedule with a view to augmenting the production and distribution of different varieties of cloth and yarn so as to subserve the interests of the general public and for matters connected therewith or incidental thereto. WHEREAS the textile companies specified in column (3) of the First Schedule have, through their undertakings specified in column (2) of the said Schedule, beem engaged in the manufacture and production of different varieties of cloth and yarn; AND WHEREAS, pending..... View Complete Act      List Judgments citing this section

Textile Undertakings (Nationalisation) Act,1995 Chapter 5

Title : Provisions Relating to Employees of Textile Undertakings

State : Central

Year : 1995

(1) Every person who is a workman within the meaning of the Industrial Disputes Act, 1947, and has been, immediately before the appointed day, in the employment of a textile undertaking shall become, on and from the appointed day, an employee of the National Textile Corporation, and shall hold office or service in the National Textile Corporation with the same rights and privileges as to pension, gratuity and order matters as would have been admissible to him if the rights in relation to such textile undertaking had not been transferred to, and vested in, the National Textile Corporation, and shall continue to do so unless and until his employment in the National Textile Corporation is duly terminated or until his remuneration, terms and conditions of employment are duly altered by the..... View Complete Act      List Judgments citing this section


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