Bare Act Search Results

Shipping Development Fund Committee (Abolition) Act, 1986 Chapter III

Title: Special Powers of the Central Government

State: Central

Year: 1986

.....of directors or directorships, retirement by rotation or removal from office, apply to any director appointed by the Central Government under this section. Section 11 - Effect of notified order (1) On the issue of a notified order under section 10- (a) if the shipowner is a company as defined in the Companies Act, 1956(1 of 1956), all persons holding office as directors of the shipowner, and in any other case, all persons holding any office having the powers of superintendence, direction and control immediately before the issue of the notified order, shall be deemed to have vacated their offices as such; (b) any contract of management between the shipowner and any director or person referred to in clause (a) holding office as such immediately before the issue of the notified order shall be deemed to have been terminated. (2) The directors or administrators appointed under section 10 shall take such steps as may be necessary to take into their custody or under their control, the property, effects and actionable claims to which the shipowner is, or appears to be, entitled, and all the property and effects of the shipowner shall be deemed to be in the custody of the.....

Shipping Development Fund Committee (Abolition) Act, 1986 Section 13

Title: No Right to Compensation for Termination of Contract of Management, Etc

State: Central

Year: 1986

(1) Notwithstanding anything to the contrary contained in any contract or in any law for the time being in force, no managing or whole-time director or any other director or a manager or any person in charge of management of a shipowner which is a company shall be entitled to any compensation for the loss of office or for the premature termination, under this Act, of any contract of management entered into by him with such company. (2) Nothing contained in sub-section (1) shall effect the right of any such managing or whole-time director, or any other director or manager or any such person in charge of management to recover from the shipowner moneys recoverable otherwise than by way of such compensation.

National Security Guard Act, 1986 Complete Act

State: Central

Year: 1986

.....the duties of his appointment, except with the previous permission in writing of the prescribed authority. SECTION 08: TENURE OF SERVICE UNDER THE ACT Every person subject to this Act shall hold office during the pleasure of the President. SECTION 09: TERMINATION OF SERVICE BY CENTRAL GOVERNMENT Subject to the provisions of this Act and the rules, the Central Government may dismiss or remove from service any person subject to this Act. SECTION 10: DISMISSAL, REMOVAL OR REDUCTION BY THE DIRECTOR-GENERAL AND BY OTHER OFFICERS (1) The Director-General, any Additional Director-General or any Inspector-General may dismiss or remove from service or reduce to a lower grade or rank or the ranks, any person subject to this Act other than an officer. (2) An officer not below the rank of a Deputy Inspector-General or any prescribed officer may dismiss or remove from the service any person under his command other than an officer or an Assistant Commander. (3) Any such officer as is mentioned in sub-section (2) may reduce to it lower grade or rank or the ranks any person under his command except an officer or an Assistant Commander. (4) The exercise of any power under this Section shall be.....

Shipping Development Fund Committee (Abolition) Act, 1986 Complete Act

State: Central

Year: 1986

.....of a ship owner which is a company shall be entitled to any compensation for the loss of office or for the premature termination, under this Act, of any contract of management entered into by him with such company. (2) Nothing contained in sub-section (1) shall affect the right of any such managing or whole-time director, or any other director or manager or any such person in charge of management to recover from the ship owner moneys recoverable otherwise than by way of such compensation. SECTION 14: APPLICATION OF ACT 1 OF 1956 (1) Where directors have been appointed under section 10-in relation to a company, then, notwithstanding anything contained in the Companies Act, 1956-or in the memorandum or articles of association of such company,- (a) it shall not be lawful for the shareholders of such company or any other person to nominate or appoint any person to be a director of the company; (b) no resolution passed at any meeting of the shareholders of such company shall be given effect to unless approved by the Central Government; (c) no proceeding for the winding up of the company or for the appointment of a receiver in respect thereof shall lie or be continued.....

The Tripura Tea Companies (Taking over of Management of Certain Tea Units) Act, 1986 Complete Act

State: Tripura

Year: 1986

.....(TAKING OVER OF MANAGEMENT OF CERTAIN TEA UNITS) ACT, 1986 THE TRIPURA TEA COMPANIES (TAKING OVER OF MANAGEMENT OF CERTAIN TEA UNITS) ACT, 1986 An Act to provide for taking over the management of certain Tea units specified in the schedule with a view to securing proper reorganisation and management of such Tea units so as to subserve the interests of the general public by augmenting the production and manufacture of different varieties of tea which are essential to the needs of the economy of the State and for matters connected therewith and incidental thereto. Whereas by reason of mismanagement of the affairs of Tea units specified in the First Schedule, their financial condition has become wholly unsatisfactory; And Whereas it is considered expedient to secure proper reorganization and management of the said Tea units in order to augment production and manufacture of tea by them and thereby protect the interests of the workers employed therein; Be it enacted by the Tripura Legislative Assembly in the Thirty Seventh Year of the Republic of India as follows : ------- CHAPTER I PRELIMINARY 1. Short title, and commencement. (1) This Act may be called the Tripura.....