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Road Transport Corporations Act, 1950 Complete Act

Title: Road Transport Corporations Act, 1950

State: Central

Year: 1950

..... Section40 - Compensation for acquisition of road transport undertakings Section41 - Corporation to be deemed to be a local authority and provision as to third party risks (Omitted) Section42 - Power of entry Section43 - [Directors] [Officers and other employees] of a Corporation to be public servants Section44 - Power to make rules Section45 - Power to make regulations Section45A - Every rule and regulation to be laid before State Legislature Section46 - Penalty for breach of rules Section47 - Special provisos relating to Bombay Section47A - Special provision for reconstitution or dissolution of certain Corporations Section48 - Transitional provision relating to Bombay State Road Transport Corporation Chapter VI Section49 - Prosecution and cognisance of offences Section50 - Appointment of Magistrates Section51 - Composition of offences Section52 - Limitation of time for prosecution Section53 - Power of Magistrate to hear cases in absence of accused when summoned to appear

Road Transport Corporations Act, 1950 Section 20

Title: Extension of the Operation of the Road Transport Service of a Corporation to Areas Within Another State

State: Central

Year: 1950

.....been received, the Corporation may, with the previous approval of the State Government, sanction the scheme. (3) After the scheme has been so sanctioned, it shall be competent for the Corporation to extend the operation of its road transport service to such route or area and when the operation of such service is so extended, the Corporation shall operate the service on that route or in that area subject to the provisions of any law in force in the other State within which such route or area is situated. (4) The Corporation may, from time to time, alter or extend the scheme sanctioned under subsection (2) by a supplementary scheme prepared and sanctioned in the manner provided in the foregoing provisions of this section.

Road Transport Corporations Act, 1950 Section 48

Title: Transitional Provision Relating to Bombay State Road Transport Corporation

State: Central

Year: 1950

1[48. Transitional provision relating to Bombay State Road Transport Corporation Notwithstanding anything contained in section 47-A it shall be lawful for the Government of the State of Bombay to frame a scheme under sub-section (1) thereof and forward the same to the Central Govern­ment before the 1st day of May, 1960, and in such a case, the power conferred on the Central Govern­ment to make an order under sub-section (2) thereof may be exercised before that day but no order so made shall take effect till that day.] _____________________ 1. Inserted by the Bombay Reorganisation Act, 1960 (11 of 1960), Section. 71 (25-4-1960), The original section 48 was omitted by the Repealing and Amending Act, 1957 (36 of 1957), Section. 2 and Schedule. I (17-9-1957).

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.....

Road Transport Corporations Act, 1950 Chapter V

Title: Miscellaneous

State: Central

Year: 1950

.....on and from the said date and accordingly- (a) all action by, and all transactions with, the existing Corporation or Board, including any action or transaction by which any property, asset or right was acquired or any liability or obligation, whether by contract or otherwise, was incurred, shall be deemed to have been validly and lawfully taken or done; and (b) no suit, prosecution or other legal proceeding shall lie against the Government of Bombay or any member of the Board or any other or servant of the existing Corporation in respect of any action taken by, or in relation to the setting up of, the existing Corporation or Board merely on the ground of any defect in, or invalidity of, the enactment or order under which the existing Corporation or Board was constituted. (2) On the establishment of a Corporation under section 3 in the State of Bombay (hereinafter referred to as "the new Corporation"),- (a) the existing Corporation and Board shall be deemed to be dissolved and shall cease to function; (b) all property and assets vesting in the existing Corporation shall vest in the new Corporation; (c) all rights, liabilities and obligations of the existing.....

Road Transport Corporations Act, 1950 Chapter IV

Title: Finance, Accounts and Audit

State: Central

Year: 1950

.....in the open market or from a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, or section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, a State Finance Corporation estab­lished under section 3 of the State Financial Corporations Act, 1951, the Industrial, Finance Corporation of India, established under section 3 of the Industrial Finance Corporation Act, 1948 the Industrial Development Bank of India, established under section 3 of the Industrial Development Bank of India Act, 1964, the Life Insurance Corporation of India, established under section 3 of the Life Insurance Corporation Act, 1956, or any other financial institution providing credit which is subject to the control of the Reserve Bank of India." _____________________ 1. Substituted by the Road Transport Corporations (Amdt.) Act, 1982 (63 of 1982), section 13 (15-11-1982). Section 27 - Fund of the Corporation (1) Every Corporation shall have its own fund and all receipts of the Corporation shall be carried thereto and all payments by the Corporation shall be made therefrom. (2) Except as.....

Road Transport Corporations Act, 1950 Chapter I

Title: Preliminary

State: Central

Year: 1950

.....be inforce in, the Union territory of Delhi.] 4 [Provided further thaton 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 territoryof Mizoram.] (3) It shall come into force in aState on such date as the Central Government may, by notification in theOfficial Gazette appoint in this behalf for such State and different dates maybe appointed for different States. _________________ 1.Words "the State of Jammu and Kashmir and" omitted by the CentralLaws (Extension to Jammu and Kashmir) Act, 1968 (25 of 1968), section 2 andSchedule (15-8-1968). 2.Words "except the Union territory of Delhi" omitted by Delhi RoadTransport Laws (Amdt.) Act, 1971 (71 of 1 971), section 2 (w.r.e.f. 3-11-1971). 3. Inserted, by Delhi Road Transport Laws (Amdt.) Act, 1971 (71 of 1 971),section 2 (w.r.e.f. 3-11-1971). 4. Inserted by the Road Transport Corporations (Amdt.) Act, 1982 (63 of 1982),section 2 (15-11-1982). Section 2 - Definitions In this Act, unless the context otherwise requires,- (a) "ancillary service" means any subsidiary service which provides amenities or facilities to.....

Road Transport Corporations Act, 1950 Section 44

Title: Power to Make Rules

State: Central

Year: 1950

.....of a Corporation, the representation in the Board of the Central and State Governments, and where shares are issued to other parties under sub-section (3) of section 23 of such shareholders and generally all matters relating to the constitution of the Board;] 2[(b) remuneration, allowances or fees paid to the Directors of the Corporation or other persons associated with the Board under section 10;] (c) the term of office of, the manner of filling casual vacancies among 13[Directors] of the Corpora­tion; (d) the number of3[Directors] necessary to constitute a quorum at a meeting of the4[Board]; (e) the conditions of appointment and service and the scales of pay of the5[Managing Director, the Chief Accounts Officer, the Financial Adviser or, as the case may be, the Chief Accounts Officer-cum-Financial Adviser]; (f) the number and term of office of, the allowances to be paid to, the procedure to be followed by, and the manner of filling casual vacancies among, members of an Advisory Council; 6[(ff) the procedure in accordance with which any stores may be declared obsolete under sub­section (2) of section 19]; (g) the manner in which the shares of the.....