Title : Duty to Deliver Possession of Properties, Etc.
State : Central
Year : 1978
(1) where any property appertaining to any of the undertakings of the dissolved company has been transferred to, and vested in, the steel authority of india,- (a) every person in whose possession, custody or control any such property may be, shall on .....
View Complete Act List Judgments citing this sectionTitle : Penalties
State : Central
Year : 1978
any person who, (a) having in his possession, custody or control any property forming part of the dissolved company wrongfully withholds such property from the steel authority of india; or (b) wrongfully obtains possession of, or retains, any property .....
View Complete Act List Judgments citing this sectionTitle : Offences by Companies
State : Central
Year : 1978
(1) where an offence under this act, has been committed by a company, every person who, at the time offence was committed was in charge of, and was responsible to, the company for the conduct of the business of the company as well as the company, shall be .....
View Complete Act List Judgments citing this sectionTitle : Protection of Action Taken in Good Faith
State : Central
Year : 1978
no suit, prosecution or other legal proceedings shall lie against the central government or the steel authority of india or any of its officers or other employees for anything which is in good faith done or intended to be done under this act.
View Complete Act List Judgments citing this sectionTitle : Cognizance of Offences
State : Central
Year : 1978
notwithstanding anything contained in the code of criminal procedure, 1973 (2 of 1974.), no court shall take cognizance of any offence under this act except on a complaint, in writing, made by the central government or any officer authorised in this .....
View Complete Act List Judgments citing this sectionTitle : Saving of Contracts, Etc.
State : Central
Year : 1978
all contracts, deeds, bonds, agreements and other instruments of whatever nature to which the dissolved company is a party subsisting or having effect immediately before the appointed any, shall as from that day, be of full force and effect against, or, .....
View Complete Act List Judgments citing this sectionTitle : Saving of Legal Proceedings
State : Central
Year : 1978
if, on the appointed day, there is pending any suit, arbitration, appeal or other legal proceeding of whatever nature by or against the dissolved company, the same shall not abate, be discontinued or be in any way prejudicially affected by reason of the .....
View Complete Act List Judgments citing this sectionTitle : Board of Directors of the Steel Authority of India to Adopt Accounts of Dissolved Company
State : Central
Year : 1978
(1) the accounts of the dissolved company shall stand closed on the appointed any and the balance-sheet and the profit and loss accounts for the current financial year up tot he appointed y shall be prepared and audited in accordance with the provisions .....
View Complete Act List Judgments citing this sectionTitle : Transfer of Documents Relating to the Dissolved Company
State : Central
Year : 1978
(1) the registrar of companies with whom the dissolved company is registered shall, as soon as may be after the appointed day, transfer all documents relating to the dissolved company to the registrar to companies, new delhi. (2) the registrar of .....
View Complete Act List Judgments citing this sectionTitle : Power to Remove Difficulties
State : Central
Year : 1978
if any difficulty arises in giving effect to the provisions of this act, the central government may, by order, published in the official gazette, make such provisions o not inconsistent with the provisions of this act, as appears to it to be necessary, .....
View Complete Act List Judgments citing this section