State : Central
Year : 1984
BENGAL IMMUNITY COMPANY 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..... List Judgments citing this sectionState : Central
Year : 1978
BRITANNNIA ENGINEERING COMPANY LIMITED (MOKAMEH UNIT) AND THE ARTHUR BUTLER AND COMPANY (MUZAFFARPORE) LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS ACT, 1978 BRITANNNIA ENGINEERING COMPANY LIMITED (MOKAMEH UNIT) AND THE ARTHUR BUTLER AND COMPANY (MUZAFFARPORE) LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS ACT, 1978 41 of 1978 8th December,1978 Britannia engineering Company Limited was incorporated in 1917 with its registered office at Calcutta. It owned at Titagarh an engineering unit (where it manufactured road rollers, jute mills machinery and other industrial machinery) and a steel foundry. It also set up in 1960 at Mokameh, a unit to manufacture Railway Wagons, steel structurals, etc. The engineering unit at Titagarh closed down in October 1970 and on the 22nd..... List Judgments citing this sectionState : Central
Year : 1978
HINDUSTAN TRACTORS LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1978 HINDUSTAN TRACTORS LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1978 STATEMENT OF OBJECTS AND REASONS ACT 13 OF 1978 Hindustan Tractors Limited, Vadodara, was a private company wholly owned by its nominees. For various reasons including mismanagement the Company began to show steady decline in production and incurred heavy losses, facing imminent closure. After investigation into the affairs of this Company, the management of its undertakings was taken over by the Central Government on the 12th March, 1973, under the Industries (Development and Regulation) Act, 1951, and was entrusted to the Gujarat Agro-Industries Corporation being the Authorised Controller. The period of the management..... List Judgments citing this sectionState : Central
Year : 1977
SMITH, STANISTREET AND COMPANY LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT SMITH, STANISTREET AND COMPANY LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1977 41 of 1977 17th December 1977 STATEMENT OF OBJECTS AND REASONS Messrs. Smith, Stanistreet and Company Limited, Calcutta were engaged in the manufacture of drugs and pharmaceuticals which were essential to the needs of the country. The Company began to show steady decline in production from 1970 onwards and incurred considerable losses. The Company was also being mismanaged. After investigation into the affairs of the Company through an investigation Committee, the management of its undertakings was taken over on 4th May, 1972 by the Central Government acting under section 18A of the Industries..... List Judgments citing this sectionState : West Bengal
Year : 1986
DR. PAUL LOHMANN (INDIA) LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 DR. PAUL LOHMANN (INDIA) LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 30 of 1986 7th August, 1987 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of the Dr. Paul Lohmann (India) Limited, and for matters connected therewith or incidental thereto. WHEREAS the Dr. Paul Lohmann (India) Limited had been engaged in the manufacture of fine chemicals for drugs and Pharmaceuticals; AND WHEREAS the management of the undertakings of the Dr. Paul Lohmann (India) Limited had been conducted in a manner highly detrimental to the public interest; AND WHEREAS the management of the undertakings of the Dr. Paul Lohmann (India) Limited was taken..... List Judgments citing this sectionState : West Bengal
Year : 1986
ENGEL INDIA MACHINES AND TOOLS LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 ENGEL INDIA MACHINES AND TOOLS LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 32 of 1986 7th August, 1987 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of the Engel India Machines and Tools Limited, and for matters connected therewith or incidental thereto. WHEREAS the Engel India Machines and Tools Limited had been engaged in the manufacture of plastic moulding machines, extruders and other machines; AND WHEREAS the management of the undertakings of the Engel India Machines and Tools Limited had been conducted in a manner highly detrimental to the public interest; AND WHEREAS the management of the undertakings of the..... List Judgments citing this sectionState : West Bengal
Year : 1986
GLUCONATE LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 GLUCONATE LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 28 of 1986 30th April, 1987 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of the Gluconate Limited, and for matters connected therewith or incidental thereto. WHEREAS the Gluconate Limited had been engaged in the manufacture of drugs and Pharmaceuticals; AND WHEREAS the management of the undertakings of the Gluconate Limited had been conducted in a manner highly detrimental to the public interest; AND WHEREAS the management of the undertakings of the Gluconate Limited was taken over by the Central Government under section 18AA of the Industries (Development and Regulation) Act, 1951;..... List Judgments citing this sectionState : West Bengal
Year : 1986
KRISHNA SILICATE AND GLASS WORKS LIMITED (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..... List Judgments citing this sectionState : West Bengal
Year : 1984
NATIONAL IRON AND STEEL COMPANY LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1984 NATIONAL IRON AND STEEL COMPANY LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1984 34 of 1984 November 17, 1984 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of the National Iron and Steel Company Limited, and for matters connected therewith or incidental thereto. WHEREAS the National Iron and Steel Company Limited had been engaged in the manufacture and production of steel castings and rolled materials; AND WHEREAS the management of the undertakings of the National Iron and Steel Company Limited had been conducted in the manner highly detrimental to the public interest; AND WHEREAS the management of the undertakings of the..... List Judgments citing this sectionTitle : Payment of Amounts
State : Central
Year : 1984
For the transfer to, and vesting in, the Central Government, under section 3, of the undertakings of the Company and the right, title and interest of the Company in relation to its undertakings, there shall be given by the Central Government to the Company, in cash, and in the manner specified in Chapter VI, an amount of rupees seven hundred and sixty-six lakhs and ninety thousand. Section 9 - Payment of further amount (1) For the deprivation of the Company of the management of its undertakings, there shall be given to the Company by the Central Government an amount calculated at the rate of two thousand rupees per month for the period commencing on the date on which the management of the undertakings of the Company was taken over by the persons authorised by the Central Government..... View Complete Act List Judgments citing this section