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Start Free TrialBritish India Corporation Limited (Acquisition of Shares ) Act , 1981 Chapter II
Title: Acquisition of the Shares of the Company
State: Central
Year: 1981
....., of the company), as it may consider necessary and the provisions . so made shall have effect notwithstanding anything contained in the companies Act 1956. Section 5 - Payments of amounts (1) For the transfer to and vesting in the central government under section 3, of the shares of the company , there shall be given by the central government to the shareholders of the company , in case and in the manner specified in section 7, an amount of rupees twenty two lakhs and sixty thousand. (2) The amount , referred to in sub-section (1) , shall carry simple interest at the rate of four percent , per annum for the period commencing on the appointed day and ending on the date on which payment of such amount is made by the central government to the commissioner. Section 6 - Appointment of commissioner of payments (1) The central government shall , for the purpose of disbursing the amounts payable to shareholders of the company under section 5, by notification , appoint a commissioner of payments. (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.....
View Complete Act List Judgments citing this sectionBritish India Corporation Limited (Acquisition of Shares ) Act , 1981 Section 10
Title: Admission or Rejection of Claims
State: Central
Year: 1981
.....of any witness and examining him on oath; (b) the discovery and production of any document or other material object producible as evidence; (c) the reception of evidence on affidavits (d) the issuing of any commission for the examination of witnesses. (6) Any investigation before the Commissioner shall be deemed to be a judicial proceeding within the meaning of sections 193 and 228 of the Indian Penal Code and the Commissioner shall be deemed to be a civil court for the purposes of section 345 and Chapter XXVI of the Code of Criminal Procedure, 1973. (7) A claimant, who is dissatisfied with the decision of the Commissioner, may prefer an appeal against the decision to the principal civil court of original jurisdiction within the local limits of whose jurisdiction the registered office of the Company is situated.
View Complete Act List Judgments citing this sectionDalmia Dadri Cement Act 1981 Chapter VI
Title: Commissioner of Payment
State: Central
Year: 1981
.....meaning of sections 193 and 228 of the Indian Penal Code (45 of 1860) and the Commissioner shall be deemed to be a civil court for the purposes of section 195 and Chapter XXVI of the Code of Criminal Procedure, 1973 ( 2 0f 1974 ). (7) A claimant, who is dissatisfied with the decision of the Commissioner, may prefer an appeal against the decision to the principal civil court of original jurisdiction within the local limits of whose jurisdiction the registered office of the Company is situated: Provided that where a person who is a Judge of a High Court is appointed to be the Commissioner, the appeal shall lie to the High Court of Punjab and Haryana and such appeal shall be heard and disposed of by not less than two Judges of that High Court. Section 21 - Disbursement of money by the Commissioner to claimants After admitting a claim under this Act, the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such amount is due, and, on such payment the liability of the Company in respect of any claim relating to the undertakings of the Company shall stand discharged. Section 22 - Disbursement of amounts to the Company (1).....
View Complete Act List Judgments citing this sectionDalmia Dadri Cement Act 1981 Section 20
Title: Admission or Rejection of Claims
State: Central
Year: 1981
..... (c) the reception of evidence on affidavits; (d) the issuing of any commission for the examination of witnesses. (6) Any investigation before the Commissioner shall be deemed to be a judicial proceeding within the meaning of sections 193 and 228 of the Indian Penal Code (45 of 1860) and the Commissioner shall be deemed to be a civil court for the purposes of section 195 and Chapter XXVI of the Code of Criminal Procedure, 1973 ( 2 0f 1974 ). (7) A claimant, who is dissatisfied with the decision of the Commissioner, may prefer an appeal against the decision to the principal civil court of original jurisdiction within the local limits of whose jurisdiction the registered office of the Company is situated: Provided that where a person who is a Judge of a High Court is appointed to be the Commissioner, the appeal shall lie to the High Court of Punjab and Haryana and such appeal shall be heard and disposed of by not less than two Judges of that High Court.
View Complete Act List Judgments citing this sectionDalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981 Complete Act
State: Central
Year: 1981
.....giving them any retrenchment benefits, the State Government of Haryana has been continuously urging the Government of India to take over this factory in view of the fact that a large number of employees will be thrown out of employment, if the factory is permanently closed down. The State Government of Haryana has indicated that owing to financial constraints and lack of technical expertise, the State Government is not in a position to take over this cement factory for restarting and running it. 3. The liability of the factory on its restart has been assesed and in the interest of restarting production of cement and also to provide employment to the workers, the Central Government had decided that it would be in the public interest to acquire the cement factory of this company and to transfer it to the Cement Corporation of India which is a public sector undertaking engaged in the manufacture and sale of cement. 4. The Bill seeks to give effect to the above object- Gaz. of Ind., 5-5-1981, Pt. II. S. 2 Ext., p. 361. An Act to provide for the acquisition and transfer of the undertakings of the Dalmia Dadri Cement Limited with a view to securing the proper management of such.....
List Judgments citing this sectionThe Punjab Veterinary Council Act, 1981 Complete Act
State: Punjab
Year: 1981
THE PUNJAB VETERINARY COUNCIL ACT, 1981 THE PUNJAB VETERINARY COUNCIL ACT, 1981 [Act No. 11 of 1981] [March 10, 1981] PREAMBLE An Act to provide for the registration of veterinary practitioners in the State of Punjab and for matters connected therewith. Be it enacted by the Legislature of the State of Punjab in the Thirty- second Year of Republic of India as follows :- Section 1 - Short title and commencement (1) This Act may be called the Punjab Veterinary Council Act, 1981. (2) It shall come into force on such date as the State Government may, by notification, appoint. Section 2 - Definitions In this Act, unless the context otherwise requires, - (a) "Council" means the Punjab Veterinary Council established under section 3; (b) "Director" means the Director of Animal Husbandry, Punjab; (c) "member" means a member of the Council; (d) "prescribed" means prescribed by rules made under this Act; (e) "President" means the President of the Council; (f) "Register" means the register of veterinary practitioners prepared and maintained under Section 17; (g) "registered veterinary practitioner" means a veterinary practitioner registered under.....
List Judgments citing this sectionThe Coimbatore City Municipal Corporation Act, 1981 Complete Act
State: Tamil Nadu
Year: 1981
.....includes any kind of bicycle, tricycle, cycle-rickshaw and palanquin, but does not include any motor vehicle within the meaning of Motor Vehicles Act, 1939 (Central Act IV of 1939); Notes Sec.2(6) " Carriage " Trailer Car " whether a carriage " Case decided with reference to Madras Act 18 MLJ 149 (7) "cart" includes any wheeled vehicle which is not a carriage but does not include any motor vehicle within the meaning of Motor vehicles Act, 1939 (Central Act IV of 1939); (8) "casual vacancy" means a vacancy occurring otherwise than by efflux of time and "casual election" means an election held on the occurrence of a causal vacancy; (9) "City of Coimbatore" or "City" means the local area comprised in the Coimbatore Municipality and includes any local area which after the commencement of this Act, is included in the City but does not include any local area which after such commencement is excluded from the City; (10) "Coimbatore Municipality" means the Coimbatore Municipality as constituted under the Tamil Nadu District Municipalities Act, 1920 (Tamil Nadu Act V of 1920); (11) "company" means " (a) any company as defined in the Companies Act, 1956 (Central Act I.....
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