Bare Act Search Results

Government Savings Banks Act, 1873 Complete Act

State: Central

Year: 1873

.....of the State of Bihar. The Act was extended to the Union territory of Himachal Pradesh by H.P. A.L.O., 1948. H.P. is a 'State' from 25-1-1971-See Act 53 of 1970. The Act has now been extended to the Union territories of- (1) Dadra and Nagar Haveli by Regn. 6 of 1963 (1-7-1965); (2) Pondicherry by Regn. 7 of 1963 (1-10-1963); (3) Laccadive, Minicoy and Amindivi Islands (Now called Lakshdweep) by Regn. 8 of 1965 (1-10-1967). The Act has been extended to the Union territory of Goa, Daman and Diu and enforced therein on and from 1-9-1962-See S.O. 2734 published in Gaz. of Ind., 1-9-1962, Pt. II, S. 3(ii). Extra., p. 1991. The Act has been brought into force from 11-3-1992 in the State of Sikkim-See Gaz. of Ind., 11-3-92, Pt. II, S. 3(ii), Ext., p. 2 (No. 184). PRELIMINARY SECTION 01: SHORT TITLE This Act may be called the Government Savings Banks Act, 1873. Local extent. It extends 1 to 2 [the whole of India 3 [* * *].] SECTION 02: ACT NOT TO APPLY TO DEPOSITS IN ANCHAL SAVINGS BANK This Act shall not apply to any deposits made in the Anchal Savings Bank of the State of Travancore-Cochin, and, notwithstanding anything contained in this Act, any law in force in the said State.....

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.....

Bengal Chemical and Pharmaceutical Works Limited (Acquisition and Transfer of Undertakings) Act, 1980 Complete Act

State: Central

Year: 1980

.....and the order, if any, for payment of the claim being treated as an order for the refund of the revenue, CHAPTER 07: MISCELLANEOUS SECTION 26: ACT TO HAVE OVERRIDING EFFECT. The provisions of this Act shall have effect notwithstanding anything inconsistent therewith contained 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 27: CONTRACTS TO CEASE TO HAVE EFFECT UNLESS RATIFIED BY THE CENTRAL GOVERNMENT OR EXISTING, OR NEW, GOVERNMENT COMPANY. Every contract entered into by the Company in relation to its undertakings for any service, sale or supply, and in force immediately before the appointed day. shall, on and from the expiry of one hundred and eighty days from that day, cease to have effect unless such contract is, before the expiry of the said period ratified in writing by the Central Government or, as the case may be, the existing, or new, Government company, and in ratifying such contract, the Central Government or, as the case may be, the existing, or new, Government company may make such alterations or.....

Bengal Immunity Company Limited (Acquisition and Transfer of Undertakings) Act, 1984 Complete Act

State: Central

Year: 1984

.....LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1984 BENGAL IMMUNITY COMPANY LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1984 57 of 1984 29th August, 1984 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of Messrs. Bengal Immunity Company Limited, and for matters connected therewith or incidental thereto. WHEREAS Messrs. Bengal Immunity Company Limited were engaged in the production and distribution of articles specified in the First Schedule to the Industries (Development and Regulation) Act, 1951 namely, chemicals (other than fertilizers), drugs and pharmaceuticals which are essential to the needs of the general public; AND WHEREAS the Central Government, being of opinion, after an investigation into the affairs of the Company, that the affairs of the Company have been managed in a manner highly detrimental to the public interest, had authorised, under section 18A of the Industries (Development and Regulation) Act, 1951, a body of persons to take over the management of the Company. AND WHEREAS for the purpose of reconstructing and rehabilitating the undertakings owned by the Company so as to.....

Hindustan Tractors Limited (Acquisition and Transfer of Undertakings) Act, 1978 Complete Act

State: Central

Year: 1978

.....Corporation being the Authorised Controller. The period of the management will expire on the 11th March, 1979. The Company is engaged in the manufacture of agricultural tractors. After the take over of the management of the undertakings of the Company, The production in the Company, which had come to a standstill in November, 1972, has progressively improved. The net losses have come down from the level of Rs. 80 lakhs for the year ending March, 1973 to Rs.9 lakhs for the year ending March, 1977 and during 1977-78 they expect to achieve a nominal net profit of Rs.1 lakh. After careful consideration of the whole matter and with a view to improving the technical and economic viability of the undertakings, the Central Government have decided to acquire the undertakings of the Company and vest them in the State Government of Gujarat. 2. At the time of take over of the management of the undertakings of the Company, it was clear that it was not possible for the Company to meet all its past dues. Accordingly, the Central Government issued an order on the 26th April, 1973, under section 18FB of the Industries (Development and Regulation) Act, 1951, suspending the operation of all the.....

Indian Iron and Steel Company (Acquisition of Shares) Act, 1976 Complete Act

State: Central

Year: 1976

.....by the Central Government by notification. Consequently, the , period by which a claim could be preferred by a shareholder under section 7 of the Act was also extended by the said Amendment Act to a date after the date specified by notification for delivering the instrument of transfer to the Commissioner of Payments. The Commissioner of Payments was also empowered to receive a claim wihtin a further period of thirty days if the claimant was prevented by sufficient cause from preferring the claim within the aforesaid date. Although wide publicity was given and individual notices were sent to all the registered shareholders of the Company by the Commissioner of Payments, a large number of shareholders have either not filed, their claims at all or filed their claims after the specified date. Many claims filed after the specified date have also been rejected by the Commissioner .as time-barred. As the Act does not empower the Central Government to condone the delay in the delivery of instruments of transfer or in the filing of claims to the Commissioner, it has not been possible to provide any relief to such shareholders. 3. Representations have been received from a large number.....

Braithwaite and Company (India) Limited (Acquisition and Transfer of Undertakings) Act, 1976 Complete Act

State: Central

Year: 1976

.....the management of its undertakings was taken over by the Central Government under section 18A of the Industries (Development and Regulation) Act, 1951, in March, 1971. Since early action was necessary to reduce the interest charges on loans and for restructuring of the capital of the Company, the undertakings of the Company were acquired by the Braithwaite and Company (India) Limited (Acquisition tend Transfer of Undertakings) Ordinance, 1976). The Bill seeks to replace the said Ordinance. - Gaz. of Ind. , 20-8-1976, Pt.ll,S.2,Ext..p.l215. An Act to provide for the acquisition and transfer of the undertakings of Messrs. Braithwaite and Company (India) Limited for the purpose of ensuring the continuity of production of goods which are vital to the needs of the country, and for matters connected therewith or incidental thereto WHEREAS Messrs Braithwaite and Company (India) Limited was engaged in the manufacture and production of railway wagons, structural Heel works for bridges and heavy workshop buildings, pressed steel tanks, cranes, road rollers, jute carding machines, roll formers, power sweepers, grey iron castings and steel forgings and also in the.....

Indian Iron and Steel Company Acquisition of Shares Act 1976 Chapter II

Title: Acquisition of the Shares of the Company

State: Central

Year: 1976

.....pay, in cash to the Commissioner, for payment to the shareholders of the Company,-- (a) an amount equal to the amount specified in sub-section (1) of section 4; and (b) an amount equal to the amount determined under sub-section (2) of section 4, (2) A deposit account shall be opened by the Central Government in favour of the Commissioner, in the Public Account of India, and every amount paid under this Act to the Commissioner shall be deposited by him to the credit of the said deposit account and the said deposit account shall be operated by the Commissioner. (3) The interest accruing on the amount standing to the credit of the deposit account, referred to in sub-section (2), shall enure to the benefit of the shareholders of the Company: ________________________ 1. 19-11-1976 notified as specified date 4392, dt. 4-11-1976). Section 7 - Claims to be made to the Commissioner (1) Every shareholder, having a claim in relation to any share acquired by this Act, shall prefer such claim before the Commissioner1[before the expiry of one hundred and twenty days from the date of commencement of the Indian Iron and Steel Company (Acquisition of Shares).....

Krishna Silicate and Glass Works Limited (Acquisition and Transfer of Undertakings) Act, 1986 Complete Act

State: West Bengal

Year: 1986

.....(ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 KRISHNA SILICATE AND GLASS WORKS LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 31 of 1986 7th August, 1987 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of the Krishna Silicate and Glass Works Limited, and for matters connected therewith or incidental thereto. WHEREAS the Krishna Silicate and Glass Works Limited had been engaged in the manufacture of glass bottles and vials; AND WHEREAS the management of the undertakings of the Krishna Silicate and Glass Works Limited has been conducted in a manner highly detrimental to the public interest; AND WHEREAS the management of the undertakings of the Krishna Silicate and Glass Works Limited was taken over by the Central Government under section 18FA of the Industries (Development and Regulation) Act, 1951; AND WHEREAS for the purpose of reconstructing and rehabilitating the undertakings of the Krishna Silicate and Glass Works Limited so as to subserve the interests of the general public by the augmentation of production and distribution of the aforesaid articles which are essential to the needs of the.....

Indian Health Institute and Laboratory Limited (Acquisition and Transfer of Undertakings) Act, 1986 Complete Act

State: West Bengal

Year: 1986

.....(ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 INDIAN HEALTH INSTITUTE AND LABORATORY LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 29 of 1986 4th August, 1987 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of the Indian Health Institute and Laboratory Limited, and for matters connected therewith or incidental thereto. WHEREAS the Indian Health Institute and Laboratory Limited had been engaged in the manufacture and production of drugs and Pharmaceuticals; AND WHEREAS the management of the undertakings of the Indian Health Institute and Laboratory Limited had been conducted in a manner highly detrimental to the public interest; AND WHEREAS the management of the undertakings of the Indian Health Institute and Laboratory Limited was taken over by the Central Government under section 18A of the Industries (Development and Regulation) Act, 1951; AND WHEREAS for the purpose of reconstructing and rehabilitating the undertakings of the Indian Health Institute and Laboratory Limited so as to subserve the interests of the general public by the augmentation of production and distribution of the aforesaid.....