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Start Free TrialIron and Steel Companies Amalgamation Act, 1952 [Repealed] Section 14
Title: Power to Make Rules for Facilitating Amalgamation
State: Central
Year: 1952
.....disposal of shares in the dissolved company which do not represent one fully paid up share in the Iron and Steel Company under clause (b) of sub--section (1) of section 7, whether by the surrender to the Iron and Steel Company of the fractional certificates relating thereto with other fractional certificates so as to represent in all one fully paid up share, or, at the option of the shareholder, by the surrender of the fractional certificates to the Iron and Steel Company for sale by the company on his account; (c) for fixing the period within which any action required to be taken under this Act may be taken; (d) for the alteration, notwithstanding anything to the contrary contained in the Indian Companies Act, 1913 (VII of 1913), of the memorandum or articles of association of the Iron and Steel Company for the purpose of increasing the capital of the company or the borrowing powers of the directors thereof or for the purpose of securing the representation of the Central Government on the Board of Directors of the company or for any other purpose; (e) for requiring any person concerned with the keeping of the register of the holders of any shares, securities or.....
View Complete Act List Judgments citing this sectionIron and Steel Companies Amalgamation Act, 1952 [Repealed] Preamble 1
Title: Iron and Steel Companies Amalgamation Act, 1952
State: Central
Year: 1952
..... PREAMBLE An Act to make special provision, in the interests of the general public and the Union, for the amalgamation of certain companies closely connected with each other in the manufacture and production of iron and steel, and for matters connected therewith or incidental thereto. WHEREAS for the purpose of securing, in the interest of the general public and the Union, the efficient and economical expansion and working of the iron and steel industry in India, it is essential that the Steel Corporation of Bengal, Limited, and the Indian Iron and Steel Company, Limited, which are engaged in the manufacture and production of iron and steel, should be amalgamated. AND WHEREAS to give effect to the scheme of the Central Government for the expansion of the iron and steel industry and to make available further resources for such expansion, it is necessary that the said companies should be amalgamated with as little delay as possible; AND WHEREAS the amalgamation of the said companies is also in pursuance of successive recommendations made by the Tariff Board and the Tariff Commission; BE it enacted by Parliament as follows :--
View Complete Act List Judgments citing this sectionIron Ore Mines Manganese Ore and Chrome Ore Mineslabour Welfare Cess Act, 1976 Section 14
Title: Power to Make Rules
State: Central
Year: 1976
.....period within which the person selling or otherwise disposing of the iron ore or manganese ore1[or chrome ore] to the occupier of the metallurgical factory shall pay the duty of excise to such occupier under sub-section (2) of section 4; (d) the period within which the owner of the iron ore mine or a manganese ore mine1[or chrome ore mines] shall pay the duty of excise to the Central Government under sub-section (2) of section 4; (e) the manner in which the occupier of the metallurgical factory shall collect the duty of excise under sub-section (3) of section 4; (f) the period within which the occupier of the metallurgical factory shall pay to the Central Government the duty of excise collected by him under sub-section (3) of section 4; (g) the authority which may impose any penalty under section 8; (h) any other matter which has to be or may be prescribed, or provided for, by rules under this Act. (3) In making any rule under clause (c) of sub-section (2), the Central Government may direct that breach thereof shall be punishable with fine which may extend to five hundred rupees. (4) Every rule made under this section shall be laid, as soon as may be after it is.....
View Complete Act List Judgments citing this sectionIron Ore Mines Manganese Ore Mines and Mines Chrome Ore Mines Labour Welfare Fund Act, 1976 Section 12
Title: Power to Make Rules
State: Central
Year: 1976
.....Welfare Administrator or an Inspector under section 8; (h) the furnishing to the Central Government by the occupiers of metallurgical factories and the owners, agents or managers of iron ore mines or of manganese ore mines,1[or of Chrome Ore Mines]of such statistical and other information as may be required to be furnished, from time to time, by that Government under section 11; (i) the form in which and the period within which statistical and other information are to be furnished under clause (h); (j) any other matter which has to be or may be prescribed, or provided for, by rules under this Act. (3) In making any rule under clause (h) or clause (i) of sub- section (2), the Central Government may direct that a breach thereof shall be punishable with fine which may extend to five hundred rupees. (4) Every rule made under this section shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions.....
View Complete Act List Judgments citing this sectionIndian Iron and Steel Company Acquisition of Shares Act 1976 Preamble 1
Title: Indian Iron and Steel Company (Acquisition of Shares) Act, 1976
State: Central
Year: 1976
.....connected therewith or incidental thereto. WHEREAS the management of the undertaking of the Indian Iron and Steel Company Limited was taken over by the Central Government for a limited period under the Indian Iron and Steel Company (Taking Over of Management) Act, 1972, in order to secure the proper management of such undertaking; AND WHEREAS the top management of the Company was guilty of mismanagement of the affairs of the Company and restoration, after the expiry of the limited period aforesaid, of the management of the affairs of the Company to such top management would be prejudicial to the interests of the Company and to the public interest; AND WHEREAS investments of a large amount is necessary for the maintenance and development of the production of the undertakings of the Company; AND WHEREAS acquisition by the Central Government of an effective control over the affairs of the Company is necessary to enable it to make the investment aforesaid; BE it enacted by Parliament in the Twenty-seventh Year of the Republic of India as follows:--
View Complete Act List Judgments citing this sectionIron and Steel Companies Amalgamation Act, 1952 [Repealed] Complete Act
Title: Iron and Steel Companies Amalgamation Act, 1952 [Repealed]
State: Central
Year: 1952
Preamble1 - IRON AND STEEL COMPANIES AMALGAMATION ACT, 1952 Section1 - Short title and commencement Section2 - Definitions Section3 - Amalgamation of certain companies engaged in the iron and steel industry Section4 - Special provision for the transfer of certain items of property Section5 - Saving of contracts, etc., to which the dissolved company is a party Section6 - Saving of legal proceedings to which the dissolved company is a party Section7 - Terms of transfer as respects shareholders in the dissolved company Section8 - Priority as between secured creditors of the dissolved company and secured creditors of the Iron and Steel Company Section9 - Provisions with respect to taxation Section10 - Payment of interim dividends to shareholders in the dissolved company Section11 - Provisions respecting existing officers and other employees of the dissolved company Section12 - Position of directors of the dissolved company Section13 - Dissolution of the Steel corporation of Bengal, Limited Section14 - Power to make rules for facilitating amalgamation Section15 - Repeal of Ordinance VIII of 1952 Repealing Act1 - IRON AND STEEL COMPANIES (AMALGAMATION AND TAKEOVER LAWS).....
List Judgments citing this sectionIron Ore Mines Manganese Ore and Chrome Ore Mineslabour Welfare Cess Act, 1976 Section 3
Title: Levy and Collection of Cess on Iron Ore and Manganese Ore
State: Central
Year: 1976
.....such iron ore is exported; or (b) a duty of excise, where such iron ore is sold or otherwise disposed of to the occupier of any metallurgical factory, or to any person who in turn sells it to a metallurgical factory, or is used by the owner of the mine in any metallurgical factory, at such rate not exceeding one rupee per metric tonne of iron ore as the Central Government may, from time to time, fix by notification in the Official Gazette; (ii) on all manganese ore produced in any mine,- (a) a duty of customs, where such manganese ore is exported; or (b) a duty of excise, where such manganese ore is sold or otherwise disposed of to the occupier of any metallurgical factory, or to any person who in turn sells it to a metallurgical factory, or is used by the owner of the mine in any metallurgical factory, at such rate not exceeding six rupees per metric tonne of manganese ore as the Central Government may, from time to time, fix by notification in the Official Gazette; 2[(iii) on all chrome ore produced in any mine,- (a) a duty of customs, where such chrome ore is exported; or (b) a duty of excise, where such chrome ore is sold or otherwise disposed of to the.....
View Complete Act List Judgments citing this sectionIron Ore Mines Manganese Ore Mines and Mines Chrome Ore Mines Labour Welfare Fund Act, 1976 Complete Act
Title: Iron Ore Mines Manganese Ore Mines and Mines Chrome Ore Mines Labour Welfare Fund Act, 1976
State: Central
Year: 1976
Preamble1 - IRON ORE MINES 1[MANGANESE ORE MINES AND MINES CHROME ORE MINES] LABOUR WELFARE FUND ACT, 1976 Section1 - Short title ,extent and commencement Section2 - Definitions Section3 - Iron Ore Mines and Manganese Ore Mines Labour Welfare Fund Section4 - Application of fund Section5 - Advisory Committees Section6 - Central Advisory Committee Section7 - Power to co-opt, etc Section8 - Appointment of Welfare Commissioners, etc., and their powers Section9 - Power of Central Government to exempt Section10 - Annual report of activities financed under the Act Section11 - Power to call for information Section12 - Power to make rules Amending Act1 - IRON ORE MINES AND MANGANESE ORE MINES LABOUR WELFARE FUND (AMENDMENT) ACT, 1982
List Judgments citing this sectionIron Ore Mines Manganese Ore and Chrome Ore Mineslabour Welfare Cess Act, 1976 Complete Act
Title: Iron Ore Mines Manganese Ore and Chrome Ore Mineslabour Welfare Cess Act, 1976
State: Central
Year: 1976
Preamble1 - IRON ORE MINES MANGANESE ORE AND CHROME ORE MINESLABOUR WELFARE CESS ACT, 1976 Section1 - Short title, extent and commencement Section2 - Definitions Section3 - Levy and collection of cess on iron ore and manganese ore Section4 - Payment of duty of customs and duty of excise Section5 - Crediting proceeds of duty to Consolidated Fund of India Section6 - Power of central Government to exempt Section7 - Interest payable by occupiers of factories and owners of mines Section8 - Penalty for non-payment of duty of excise within the prescribed Section9 - Recovery of amounts due under the Act Section10 - Penalty for evasion of duty of exercise Section11 - Offence by companies Section12 - Protection of action taken in good faith Section13 - Repeal and saving Section14 - Power to make rules Amending ActI - IRON ORE MINES AND MANGANESE ORE MINES LABOUR WELFARE CESS (AMENDMENT) ACT, 1982
List Judgments citing this sectionIron Ore Mines Manganese Ore and Chrome Ore Mineslabour Welfare Cess Act, 1976 Amending Act I
Title: Iron Ore Mines and Manganese Ore Mines Labour Welfare Cess (Amendment) Act, 1982
State: Central
Year: 1976
.....such chrome ore is exported; or (b) a duty of excise, where such chrome ore is sold or otherwise disposed of to the occupier of any metallurgical factory, or to any person who in turn sells it to a metallurgical factory, or is used by the owner of the mine in any metallurgical factory, at such rate not exceeding six rupees per metric tonne of chrome ore as the Central Government may, from time to time fix, by notification in the Official Gazette."; (c) in the Explanation,- (i) after the words "or manganese ore mine", the words "or chrome ore mine" shall be inserted; (ii) for the words, brackets, letters and figures "or sub-clause (b) of clause (ii), all the iron ore or manganese ore,", the words, brackets, letters and figures "or sub-clause (b) of clause (ii) or sub-clause (b) of clause (iii), all the iron ore or manganese ore or chrome ore," shall be substituted. 6. Amendment of section 4.-- In section 4 of the principal Act,- (a) in sub-section (1),- (i) after the words "or manganese ore", the words "or chrome ore" shall be inserted; (ii) for the words "as the case may be, manganese ore", the words "manganese ore, or chrome ore, as the case may be," shall.....
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