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Start Free TrialDalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981 Complete Act
State: Central
Year: 1981
.....giving them any retrenchment benefits, the State Government of Haryana has been continuously urging the Government of India to take over this factory in view of the fact that a large number of employees will be thrown out of employment, if the factory is permanently closed down. The State Government of Haryana has indicated that owing to financial constraints and lack of technical expertise, the State Government is not in a position to take over this cement factory for restarting and running it. 3. The liability of the factory on its restart has been assesed and in the interest of restarting production of cement and also to provide employment to the workers, the Central Government had decided that it would be in the public interest to acquire the cement factory of this company and to transfer it to the Cement Corporation of India which is a public sector undertaking engaged in the manufacture and sale of cement. 4. The Bill seeks to give effect to the above object- Gaz. of Ind., 5-5-1981, Pt. II. S. 2 Ext., p. 361. An Act to provide for the acquisition and transfer of the undertakings of the Dalmia Dadri Cement Limited with a view to securing the proper management of such.....
List Judgments citing this sectionDalmia Dadri Cement Act 1981 Chapter II
Title: Acquisition and Transfer of the Undertakings of the Company
State: Central
Year: 1981
.....against that Corporation. (2) For the removal of doubts, it is hereby declared that,-- (a) save as otherwise expressly provided in this section or in any other provision of this Act, no liability of the Company in respect of any period prior to the appointed day, shall be enforceable against the Central Government, or where the undertakings of the Company are directed under section 6 to vest in the Cement Corporation, against that Corporation; (b) no award, decree or order of any court, tribunal or other authority in relation to the undertakings of the Company, passed after the appointed day, in respect of any matter, claim or dispute which arose before that day, shall be enforceable against the Central Government, or, where the undertakings of the Company as directed under section 6 to vest in the Cement Corporation, against that Corporation; (c) no liability incurred by the Company before the appointed day, for the contravention of a provision of any law for the time being in force, shall be enforceable against the Central Government, or, where the undertakings of the Company are directed under section 6 to vest in the Cement Corporation, against that.....
View Complete Act List Judgments citing this sectionDalmia Dadri Cement Act 1981 Section 4
Title: General Effect of Vesting
State: Central
Year: 1981
.....in accordance with his rights and interests, payment of the mortgage money or other dues, in whole or in part,, out of the amount specified in section 7 and also out of the amount determined under section 8, but no such mortgage, charge, lien or other interest shall be enforceable against any property which has vested in the Central Government. (5) Any license or other instrument granted to the Company in relation to any undertaking which has vested in the Central Government under section 3, at any time before the appointed day and in force immediately before that day, shall continue to be in force on and after such day in accordance with its tenor in relation to, and for the purposes of, such undertaking and on from the day of vesting of such undertaking under section 6 in the Cement Corporation, that Corporation shall be deemed to be submitted in such license or other instrument as if such license or other instrument had been granted to the Cement Corporation and that Corporation shall hold it for the remainder of the period for which that Company would have held it under the terms thereof. (6) If, on the appointed day, any suit, appeal or other proceeding of wherever.....
View Complete Act List Judgments citing this sectionHind Cycles Limited and Sen Raleigh Ltd. (Nationalisation) Rules, 1981 Complete Act
State: Central
Year: 1981
.....requires:" (a) "Act" means the Hind Cycles Limited and Sen-Raliegh Limited (Nationalisation) Act, 1980-. (b) 'Section' means a section of the Act. RULE 03: TIME LIMIT FOR INTIMATION Every mortgagee of any property which has vested under the Act in the Central Government or in a Government Company, as the case may be, and every person holding any charge, lien or other interest in, or in relation to, any such property shall give intimation of such mortgage, charge, lien, or other interest to the Commissioner within a period of thirty days from such date, as may be specified by the Central Government under Sec.18: Provided that if the Commissioner is satisfied that the mortgage of the person holding any charge, lien or other interest was prevented by sufficient cause from giving the intimation within the said period of thirty days, he may, after recording reasons in writing receive the intimation within a further period of thirty days and not thereafter. RULE 04: MANNER OF INTIMATION (1) Every intimation to be given to the Commissioner under rule 3-shall be in writing addressed to the Commissioner, and shall contain the following particulars, namely :" (a) Name, description.....
List Judgments citing this sectionThe Kerala Slum Areas (Improvement and Clearance)act, 1981 [1] Complete Act
State: Kerala
Year: 1981
THE KERALA SLUM AREAS (IMPROVEMENT AND CLEARANCE)ACT, 1981 [1] THE KERALA SLUM AREAS (IMPROVEMENT AND CLEARANCE)ACT, 1981 [1] (Act 24 of 1981) An Act to provide for the prevention, improvement and clearance of slum areas, for the acquisition of slum areas and of land required for the rehabilitation of slum dwellers and for the protection of tenants in slum areas from eviction . Preamble, "whereas it is necessary to provide for the prevention, improvement and clearance of slum areas, for the acquisition of slum areas and of land required for the rehabilitation of slum dwellers and for the protection of tenants in slum areas from eviction; be it enacted in the Thirty-second Year of the Republic of India as follows:" chapter I PRELIMINARY 1. Short title, extent and commencement."(1) This Act may be called the Kerala Slum Areas (Improvement and Clearance) Act, 1981. (2) It extends to the whole of the State of Kerala. (3) It shall come into force on such date as the Government may, by notification in the Gazette, appoint. 2. Definitions."In this Act, unless the context otherwise requires, "€ (a) "building" includes any.....
List Judgments citing this sectionNational Bank for Agriculture and Rural Development Act, 1981 Schedule II
Title: Second Schedule
State: Central
Year: 1981
.....(8A), for the expression:Agricultural refinance and Development Corporation", the expression "National Bank" shall be substituted. 4. For sub-section (3) of section 33, the following sub-section shall be substituted, namely:-- "(3) The remainder of the assets shall be held in rupee coin, Government of India rupee securities of any maturity, promissory notes drawn by the National Bank for any loans or advances under clause (4e) of section 17 and such bills of exchange and promissory notes payable in India as are eligible for purchase by the Bank under sub-clause 9a) or sub-clause (b) or sub -clause(bb) of clause(2) of section 17 or under clause (1) of section 18". 5. In section 42,-- (a) in the Explanation occurring after sub-section (1) in subclause (ii) of clause (c), for the expression:Agricultural Refinance and Development Corporation", the expression "National Bank" shall be substituted: (b) after sub-section (6), the following sub-section shall be inserted namely:- "(6A) In considering whether a State co-operative bank or a regional rural bank should be included in or excluded from the Second schedule, it shall be competent for the Bank to act on a.....
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