Title : Preliminary
State : Central
Year : 1983
(1) This Act may be called the Transformer and Switchgear Limited (Acquisition and Transfer of Undertakings) Act, 1983. (2) It shall be deemed to have come into force on the 8th day of November, 1983. Section 2 - Definitions In this Act, unless the context otherwise requires,- (a) "Andrew Yule" means Andrew Yule and Company Limited, Calcutta, a company formed and registered under the Companies Act, 1956(1 of 1956); (b) "appointed day" means the 8th day of November, 1983; (c) "Commissioner" means the Commissioner of Payments appointed under section 14; (d) "Company" means the Transformer and Switchgear Limited, being a company as defined in the Companies Act, 1956(1 of 1956), and having its registered office at 21, Guindy Road, Adyar, Madras-6000020; (e) "notification"..... View Complete Act List Judgments citing this sectionTitle : Preliminary
State : Central
Year : 1980
(1) This Act may be called the Bengal Chemicals and Pharmaceutical Works Limited (Acquisition and Transfer of Undertakings) Act, 1980. (2) It shall come into force on such date as the Central Government may, by notification, appoint. Section 2 - Definitions In this Act, unless the context otherwise requires, (a) "appointed day" means the date on which this Act comes into force; (b) "Commissioner" means the Commissioner of Payments appointed under section 16; (c) "Company" means the Bengal Chemical and Pharmaceutical Works Limited, being a company as defined in the Companies Act, 1956, and having its registered office at 6, Ganesh Chunder Avenue, Calcutta-700013; (d) "existing Government company" means a Government company which is carrying on business on the appointed day;..... View Complete Act List Judgments citing this sectionTitle : Preliminary
State : Central
Year : 1980
(1) This Act may be called the National Company Limited (Acquisition and Transfer of Undertakings) Act, 1980. (2) The provisions of sections 29 and 30 shall come into force at once and the remaining provisions of this Act shall be deemed to have come into force on the 27th day of April, 1980. Section 2 - Definitions In this Act, unless the context otherwise requires,-- (a) "appointed day" means the 27th day of April, 1980. (b) "Commissioner" means the Commissioner of Payments appointed under section 15; (c) "Company" means Messrs. National Company Limited, a company within the meaning of the Companies Act, 1956, and having its registered office at 18A, Brabourne Road Calcutta-700001, in the State of West Bengal; (d) "existing Government company" means a Government company..... View Complete Act List Judgments citing this sectionTitle : Preliminary
State : Central
Year : 1987
(1) This Act may be called the Brentford Electric (India) Limited (Acquisition and Transfer of Undertakings) Act, 1987. (2) The provisions of sections 26 and 27 shall come into force at once and the remaining provisions of this Act shall be deemed to have come into force on the 1st day of April, 1986. Section 2 - Definitions In this Act, unless the context otherwise requires,- (a) "Andrew Yule" means the Andrew Yule and Company Limited, Calcutta, a company formed and registered under the Companies Act, 1956 (1 of 1956); (b) "appointed day" means the 1st day of April, 1986; (c) "Commissioner" means the Commissioner of Payments appointed under section 14; (d) "Company" means the Brentford Electric (India) Limited, a company within the meaning of the Companies Act, 1956 and..... View Complete Act List Judgments citing this sectionTitle : Consitution of a Tribunal
State : Central
Year : 1972
(1) For the purpose of rectification of the register of members of the old company, the Central Government shall, by notification constitute a Tribunal consisting of one person who is or has been a Judge of a High Court. (2) If, for any reason, a vacancy (other than a temporary absence) occurs in the office of the Presiding Officer of the Tribunal, the Central Government shall appoint another person, in accordance with the provisions of this section, to fill the vacancy and the proceedings may be continued before the Tribunal from the stage at which the vacancy is filled. (3) The (Central Government shall make available to the Tribunal such staff as may be necessary for the discharge of its functions under this Act. (4) All expenses incurred in connection with the Tribunal shall..... View Complete Act List Judgments citing this sectionTitle : Repeal and Saving
State : Central
Year : 1977
(1) The Smith, Stanistreet and Company Limited (Acquisition and Transfer of Undertakings) Ordinance, 1977 (13 of 1977.), is hereby repealed. (2) Notwithstanding such repeal, anything done or any action taken under the ordinance so repealed shall be deemed to have been done or taken under the corresponding provisions of this Act. View Complete Act List Judgments citing this sectionState : West Bengal
Year : 1986
INDIAN HEALTH INSTITUTE AND LABORATORY LIMITED (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..... List Judgments citing this sectionTitle : Power of Central Government to Direct Vesting of the Undertakings of the Company in a Government Company
State : Central
Year : 1977
(1) Notwithstanding anything contained in sections 3 and 4, the Central Government may, if it is satisfied that a Government company is willing to comply, or has complied, with such terms and conditions as that Government may think fit to impose, direct, by notification, that the undertakings of the Company and the right, title and interest of the Company in relation to its undertakings which have vested in that Government under section 3, shall, instead of continuing to vest in that Government, vest in the Government company either on the date of the notification or on such earlier or later date (not being a date earlier than the appointed day) as may be specified in the notification. (2) Where the right, title and interest of the Company in relation to its undertakings, vest in a..... View Complete Act List Judgments citing this sectionTitle : Duty of Persons in Charge of Management of the Undertakings of the Company to Deliver All Assets, Etc.
State : Central
Year : 1977
(1) On the vesting of the management of the undertakings of the Company in a Government company or on the appointment of a Custodian, all persons in charge of the management of the undertakings of the Company immediately before such vesting or appointment, shall be bound to deliver to the Government company or the Custodian, as the case may be, all assets, books of account, registers or other documents in their custody relating to the undertakings of the Company. (2) The Central Government may issue such directions as it may deem desirable in the circumstances of the case to the Government company or the Custodian as to its or his powers and duties and the Government company or Custodian may also, if it or he so desires, apply to the Central Government at any time for instruction as..... View Complete Act List Judgments citing this sectionTitle : Payment of Amount
State : Central
Year : 1977
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, and amount of three crores and seventy-four thousand rupees. View Complete Act List Judgments citing this section