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Start Free TrialMetal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976 Chapter II
Title: Taking over of Management of the Undertaking of the Metal Corporation
State: Central
Year: 1976
.....Act so repealed, and the undertaking of the Metal Corporation together with all its properties, assets, liabilities and obligations specified in sub-section (1) of section 4 of that Act and such other properties, assets, liabilities and obligations, acquired or incurred, for the purposes of its undertaking, after the 22nd day of October, 1965, which stood, by virtue of the provisions of section 12 of the said Act, transferred to, and vested in, the Government company formed in pursuance of the provisions of section 12 of the Act aforesaid shall, by virtue of the provisions of this Act, be deemed to have been retransferred to, and re-vested in, the Metal Corporation, and, immediately thereafter, the management of the undertaking of the Metal Corporation shall be deemed to have been transferred to, and vested in, the Central Government. (2) Any contract, whether express or implied, or other arrangement, in so far as it relates to the management of the business and affairs of the undertaking of the Metal Corporation, and in force immediately before the commencement of this Act, shall be deemed to have terminated on such commencement. (3) All persons in charge of the management,.....
View Complete Act List Judgments citing this sectionMetal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976 Chapter III
Title: Acquisition of the Undertaking off the Metal Corporation
State: Central
Year: 1976
.....before the appointed day by the Market Committee, for the maximum period for which such lease could be renewed under the Mineral Concession Rules. Section 9 - Power of Central Government to direct vesting of the undertaking of the Metal Corporation in a Government company (1) Notwithstanding anything contained in section 7, 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 any order in writing, that the undertaking of the Metal Corporation and the right, title and interest of the Metal Corporation in relation to such undertaking shall, instead of continuing to vest in the Central Government, vest in the Government company either on the date of publication of the direction or on such earlier or later date (not being a date earlier than the appointed day, as may be specified in the direction. (2) Where the right, title and interest of the Market Committee in relation to its undertaking vest in a Government company under sub-section (1), the Government company shall, on and from the date of such vesting, be deemed to have.....
View Complete Act List Judgments citing this sectionMetal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976 Section 4
Title: Jing over of Management of Undertaking of the Metal Corporation
State: Central
Year: 1976
.....Act so repealed, and the undertaking of the Metal Corporation together with all its properties, assets, liabilities and obligations specified in sub-section (1) of section 4 of that Act and such other properties, assets, liabilities and obligations, acquired or incurred, for the purposes of its undertaking, after the 22nd day of October, 1965, which stood, by virtue of the provisions of section 12 of the said Act, transferred to, and vested in, the Government company formed in pursuance of the provisions of section 12 of the Act aforesaid shall, by virtue of the provisions of this Act, be deemed to have been retransferred to, and re-vested in, the Metal Corporation, and, immediately thereafter, the management of the undertaking of the Metal Corporation shall be deemed to have been transferred to, and vested in, the Central Government. (2) Any contract, whether express or implied, or other arrangement, in so far as it relates to the management of the business and affairs of the undertaking of the Metal Corporation, and in force immediately before the commencement of this Act, shall be deemed to have terminated on such commencement. (3) All persons in charge of the management,.....
View Complete Act List Judgments citing this sectionMetal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976 Chapter VI
Title: Provisions Relating to Employees of the Metal Corporation
State: Central
Year: 1976
.....and with the same rights and privileges as to pension, gratuity and other matters as he would have held under the Metal Corporation if this Act had not been enacted and shall continue to do so until his employment under the Central Government or the Government company is duly terminated or until his remuneration, terms and conditions are duly altered by the Central Government or the Government company: Provided that if the alteration so made is not acceptable to any such officer or other employee, his employment shall be terminated by the Central Government or the Government company on payment of an amount equivalent to-- (a) three months' remuneration, in the case of permanent employees, and (b) one month's remuneration, in the case of other employees: Provided further that nothing in this section shall apply to any officer or other employee who has, within thirty days next following the commencement of this Act, by notice in writing to the Central Government or the Government company, as the case may be, intimated his intention of not becoming an officer or other employee of the Central Government or the Government company. (2) Notwithstanding anything.....
View Complete Act List Judgments citing this sectionMetal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976 Section 7
Title: Vesting of the Undertaking of the Metal Corporation in the Central Government
State: Central
Year: 1976
.....shall be enforceable against any property which has vested in the Central Government. (3) Subject to the other provisions contained in this Act, all contracts and working arrangements which are subsisting immediately before the appointed day and affecting the Market Committee shall, in so far as they relate to the undertaking of the Metal Corporation, cease to have effect or be enforceable against the Market Committee or any person who was surety or had guaranteed the performance thereof and shall be of as full force and effect against or in favour of the Central Government and enforceable as fully and effectually as if, instead of the Market Committee, the Central Government had been named therein or had been a party thereto. (4) Subject to the other provisions contained in this Act, any proceeding or cause of action pending or existing immediately before the appointed day by or against the Market Committee or the Central Government or the Government company referred to in section 12 of the Metal Corporation of India (Acquisition of Undertakings) Act, 1966(36 of 1956), in relation to the undertaking of the Metal Corporation may, as from that day, be continued and.....
View Complete Act List Judgments citing this sectionMetal Tokens Act, 1889 Amending Act I
Title: Metal Tokens Amendment Act, 1962
State: Central
Year: 1889
.....Tokens Act, 1889. BE it enacted by Parliament in the Thirteenth Year of the Republic of India as follows:-- 1. Short title.-- This Act may be called the Metal Tokens (Amendment) Act, 1962 2.Amendment of section 1.-- For sub-section (2) of section 1 of the Metal Tokens Act, 1889 (1 of 1889) (hereinafter referred to as the principal Act), the following subsection shall be substituted, namely:-- "(2) It extends to the whole of India" 3. Amendment of section 2.-- For section 2 of the principal Act, the following section shall be substituted namely:-- "2. Definition In this Act "issue" means to put a piece of metal into circulation for the first time for use as money in India, such piece having been made in contravention of this Act or brought into India by sea or by sea or by land in contravention of any notification for the time being in force under section 19 of the Sea Customs Act 1878; ( 8 of 1878) 4. Amendment of section 6.-- In section 6 of the principal Act, for the words " the said territories wherever they occur, the word India shall be substituted. ***************
View Complete Act List Judgments citing this sectionMetal Tokens Act, 1889 Complete Act
Title: Metal Tokens Act, 1889
State: Central
Year: 1889
Preamble1 - METAL TOKENS ACT, 1889 Section1 - Title and extent Section2 - Definition Section3 - Prohibition of making by private persons of pieces of metal to be used as money Section4 - Penalty for unlawful making, issue or possession of such pieces Section5 - Cognizance of offences under the last foregoing section Section6 - Application of certain of the foregoing provisions of this Act to importation of pieces of metal for use as money Section7 - Addition to section 98, Act 10 of 1882 [Repealed] Section8 - Prohibition of receipt by local authorities and railways as money of metal which is not coin Section9 - Amendment of section 28 of the Indian Penal Code [Repealed] Amending ActI - METAL TOKENS AMENDMENT ACT, 1962
List Judgments citing this sectionMetal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976 Complete Act
Title: Metal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976
State: Central
Year: 1976
.....IV Section10 - Payment of amount for deprivation of management Section11 - Payment of amount for acquisition of the undertaking Section12 - Time of payment Chapter V Section13 - Management, etc., of the undertaking Chapter VI Section14 - Provisions relating to employees Section15 - Provident and other funds Chapter VII Section16 - Act to have overriding effect Section17 - Contracts in bad faith may be cancelled or varied Section18 - Protection of action taken in good faith Section19 - Delegation of powers Section20 - Penalties Section21 - Offences by companies Section22 - Power to make rules Section23 - Power to remove difficulties Section24 - Abolition of Tribunal, etc Section25 - Repeal of Ordinance and saving
List Judgments citing this sectionMetal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976 Preamble 1
Title: Metal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976
State: Central
Year: 1976
THE METAL CORPORATION(NATIONALISATION AND MISCELLANEOUS PROVISIONS) ACT, 1976 [Act, No. 100 of 1976] [7th September, 1976] PREAMBLE An Act to provide for the taking over of the management of the undertakings of the Metal Corporation, after such undertaking is deemed to have been transferred to, and re-vested in, the said Corporation, and for the subsequent acquisition of the undertaking of the Metal Corporation for the purpose of enabling the Central Government, in the public interest, to exploit to the fullest extent possible, the zinc and lead deposits in and around Zawar area in the State of Rajasthan and to utilise those minerals in such manner as to subserve the common good, and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Twenty-seventh Year of the Republic of India as follows:--
View Complete Act List Judgments citing this sectionMetal Corporation(Nationalisation and Miscellaneous Provisions) Act, 1976 Section 9
Title: Power of Central Government to Direct Vesting of the Undertaking of the Metal Corporation in a Government Company
State: Central
Year: 1976
.....period of such lease shall be the entire period for which such lease could have been granted under the Mineral Concession Rules; and all the rights and liabilities of the Central Government in relation to such mines shall, on and from the date of such vesting, be deemed to have become the rights and liabilities, respectively, of the Government company. (3) The provisions of sub-section (2) of section 8 shall apply to a lease which vests in a Government company as they apply to a lease which has vested in the Central Government and any reference therein to the Central Government shall be construed as a reference to the Government company. (4) Any reference hereafter in this Act to the Government company shall be construed as a reference to the Government company which is appointed as the Administrator under sub-section (1) of section 5, or, as the case may be, the Government company referred to in the direction made under sub-section (1).
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