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Road Transport Corporations Act, 1950 Section 19

Title: Powers of Corporation

State: Central

Year: 1950

.....and concessional passes.] (2) Subject to the provisions of this Act, the powers conferred by sub-section (1) shall include power- (a) to manufacture, purchase, maintain and repair rolling stock, vehicles, appliances, plant, equipment or any other thing required for the purpose of any of the activities of the Corporation referred to in sub-section (1); Explanation.- In this clause, the expression "manufacture" does not include the construction of the complete unit of a motor vehicle except for purposes of experiment or research; (b) to acquire and hold such property, both movable and immovable, as the Corporation may deem necessary for the purpose of any of the aid activities, and to lease, sell or otherwise transfer any property held by it; (c) to prepare schemes for the acquisition of, and to acquire, either by agreement or compulsorily in accordance with the law of acquisition for the time being in force in the State concerned and with such procedure as may be prescribed, whether absolutely or for any period, the whole or any part of the undertaking of any other person to the extent to which the activities thereof consist of the operation of road transport.....

Road Transport Corporations Act, 1950 Complete Act

State: Central

Year: 1950

.....co-ordinated system of road transport services."--Gaz.. of Ind., 1949, Pt. V, p. 559. Amending Act 63 of 1982.- The Road Transport Corporations Act, 1950 was enacted to enable State Governments to set up Transport Corporations with the object of providing efficient, adequate, economical and properly co ordinated system of road transport services. In the light of (he chanced circumstances, the suggestions which have been received from the State Governments, different Ministcries of the Central Government and other agencies concerned, it is proposed to make certain amendments in the said Act with a view primarily lo secure the heller functioning of the Road Transport Corporations under the Act. 2. The more important amendments proposed in the Bill are the following (a)Section 1of the Act is being amended to provide for the extension of the Act to the Union territory of Mizoram (vide clause 2). (b) The organisational set up of the Road Transport Corporations under the Act is being modified to provide, for each corporation a Board of Directors consisting of a Chairman and other Directors in place of the Chairman and members of the Corporation. This approach would help in.....

The Road Transport Corporations Act, 1950 Complete Act

State: Delhi

Year: 1950

.....AIR 1990 Kant 182." (ii) Undisputedly, the appointment and the term of office of the Chairman are within the ambit of the rules framed under the Act. The Act has not put any fetter on framing of rules relating to term of office of the Chairman nor does the Act provide any condition for such rules. Thus, the Act does not provide any limitation as to the period for the term of office of the Chairman; Binoy Kumar Mohanty v. State of Orissa, AIR 1981 Ori 13." 1. Subs. by Act 63 of 1982, sec. 3, for section 5 (w.e.f. 13-11-1982)." 6. Disqualification for being chosen as, or being, a 1[Director of a Corporation]. " [(1)] A person shall be disqualified for being chosen as, or for being, a 1[Director of a Corporation]" (a) if he is found to be a lunatic or a person of unsound mind; or" (b) if he has been adjudged insolvent; or" (c) if he has been convicted of an offence involving moral turpitude; or" (d) if he has, directly or indirectly, any interest in any subsisting contract made with, or in any work being done, for, the Corporation except as a shareholder (other than a director) in an incorporated company, provided that where he is a shareholder he shall disclose.....

The Road Transport Corporation Act, 1950 Complete Act

State: Kerala

Year: 1950

THE ROAD TRANSPORT CORPORATION ACT, 1950 THE ROAD TRANSPORT CORPORATION ACT, 1950 [Act No. 64 of 1950] PREAMBLE An Act to provide for the incorporation and regulation of Road Transport Corporations. Be it enacted by Parliament as follows:- Section 1 - Short title, extent and commencement (1) This Act may be called the Road Transport Corporation Act, 1950. (2) It extends to the whole of India [Omitted by Act 71 of 1971, w.e.f. 3-11-1971.] [xxxx]: [Inserted by ibid.] [Provided that on and from the commencement of the Delhi Road Transport Laws (Amendment) Act, 1971, this Act, as amended by the said Act, shall extend to and be in force in the Union territory of Delhi:] [Inserted by Act 63 of 1982, w.e.f. 13-11-1982.] [Provided further (hat on and from the commencement of the Road Transport Corporations (Amendment) Act, 1982, this Act as amended by the said Act, shall extend to the Union territory of Mizoram.] (3) It shall come into force in a State on such date [The Act has been brought into force in Kerala on 1.9.1961.] as the Central Government may, by notification in the Official Gazette, appoint in this behalf for such State and different dates may.....