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Electricity Supply Undertakings (Acquisition) Act, 1974 Section 5

Title: Amount to Be Given to Companies

State: Karnataka

Year: 1974

and equipment existing on the vestingdate but no longer in use owing to wear and tear or to obsolescence, to theextent such value has not been written off in the books of the company lessdepreciation calculated in

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Electricity Act, 1910 Section 07A

Title: DETERMINATION OF PURCHASE PRICE

State: Central

Year: 1910

the vesting date, if taken over but no longer in use owing to wear and tear or to obsolescence, to the extent such value has not been written off in the book of the licensee, less depreciation

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The Indian Electricity (Haryana Amendment) Act, 1987 Section 4

State: Haryana

Year: 1987

the vesting date if taken over, but no longer in use owing to wear and tear or to obsolescence, to the extent such value has not been written off in the books of the licensee, less depreciation

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Brief the judgments behind these acts

The Kerala State Aid to Industries Act, 1963 Chapter III

Title: CHAPTER III

State: Kerala

Year: 1963

on debentures and loans has been paid and a reasonable amount has been set aside for depreciation or obsolescence of machinery and buildings and a further reasonable amount has been carried to reserve fund to be utilized

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The Madras Electricity Supply Undertakings (Acquisition) Act, 1954 Preamble 1

Title: PREAMBLE

State: Kerala

Year: 1954

equipment existing on the vesting date but no longer in use owing to wear and tear or to obsolescence, to the extent such value has not been written off in the books of the licensee less depreciation

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The Maharashtra COEP Technological University Act, 2022. Section 4

Title: Objects of University

State: Maharashtra

Year: 2022

and others ; (xxxii) to ensure the proper utilization of high-end modern equipment and facility with removal of obsolescence as and when needed ; (xxxiii) to offer mechanism and facility of credit banking or transfer system to

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The Shillong Electricity Supply Undertaking (Acquisition) Act (Act No.10 of 1977) 1977. Section 6

Title: Gross amount payable to Licensee

State: Meghalaya

Year: 1977

if taken over by the Government, but no longer in use owing to wear and tear or to obsolescence, to the extent such value has not been written off in the books of the licensee less depreciation

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