Bare Act Search Results

Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986 Section 5

Title: Company to Be Liable for Certain Prior Liabilities

State: Central

Year: 1986

.....of the Company and shall be enforceable against it and not against the Central Government of the National Textile 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 section of this Act, no liability of the Company in relation to the textile undertakings, in respect of any period prior to the appointed day shall be enforceable against the Central Government or the National Textile Corporation; (b) no award, decree or order of any court, tribunal or other authority in relation to any textile undertaking, 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 the National Textile Corporation; (c) no liability incurred by the Company in relation to any textile undertaking before the appointed day, for the contravention of any provision of law for the time being in force, shall be enforceable against the Central Government or the National Textile Corporation.

Co-operative Textile Mills (Acquisition and Transfer) Act, 1986 Section 6

Title: Lessor or Lessee to Be Liable for Certain Prior Liabilities

State: Karnataka

Year: 1986

.....become due and payable. (3) For the removal of doubts, it is hereby declared that,- (a) save as otherwise expressly provided in this section or in any other section of the Act, no liability, other than the liability specified in sub-section (2), of the lessor or lessee in relation to the mills in respect of any period prior to the appointed day shall be enforceable against the Government, or where the mills is directed under section 8 to vest in the Company, against the Company. (b) No award, decree or order of any court, tribunal or other authority in relation to the mills passed after the appointed day in respect of any matter, claim or dispute in relation to any matter not referred in sub-section (2), which arose before that day, shall be enforceable against the Government or where the mills is directed under section 8 to vest in the Company, against the Company. (c) No liability incurred by the lessor or lessee before the appointed day for the contravention of any provisions of law for the time being in force shall be enforceable against the Government or where the mills is directed under section 8 to vest in the Company, against the Company.

Bureau of Indian Standards Act, 1986 Complete Act

State: Central

Year: 1986

..... (1) On and from the date of establishment of the Bureau.- (a) any reference to the Indian Standards Institution in any law other than this Act or in any contract or other instrument shall be deemed as a reference to the Bureau: (b) all properties and assets, movable and immovable, of, or belonging to. the Indian Standards Institution shall vest in the Bureau: (c) all the rights and liabilities of the Indian Standards Institution shall be transferred to, and be the rights and liabilities of, the Bureau; (d) without prejudice to the provisions of clause (c), all debts, obligations and liabilities incurred, all contracts entered into and all matters and things engaged to be done by, with or for the Indian Standards Institution immediately before that date. for or in connection with the purposes of the said Institution shall be deemed to have been incurred, entered into. or engaged to be done by with or for the Bureau, (e) all sums of money due to the Indian Standards Institution immediately before that date shall be deemed to be due to the Bureau, (f) all suits and other legal proceedings instituted or which could have been instituted by or against the Indian.....

The Delhi Apartment Ownership Act, 1986 Complete Act

State: Delhi

Year: 1986

.....document which ascertains the rights and liabilities of the parties to the deed. Failure to comply with the terms of the agreement shall attract legal action by the aggrieved party. 8. Right of re-entry (1) Where any land is given on lease by a person (hereafter in this section referred to as the lessor) to another person (hereafter in this section referred to as the lessee, which term shall include a person in whose favour a sub-lease of such land has been granted), and any multistoreyed building has been constructed on such lease-hold land by the lessee or by any other person authorized by him or claiming through him, such lessee shall grant in respect of the land as many sub-leases s there are apartments in such multi-storeyed building and shall execute separate deeds of sub-lease in respect of such land in favour of each apartment owner.- (a) in the case of multi-storeyed building constructed before the commencement of this Act, within three months from such commencement; or (b) in the case of a multi-storeyed building constructed after the commencement of this Act, within three months from the date on which the possession of any apartment in such.....

The Bhaskar Textile Mills (Acquisition and Transfer) Act, 1986 Complete Act

State: Orissa

Year: 1986

..... 17. Claim to be made to the Commissioner. (Substituted by the Bhaskar Textile Mills (Acquisition and Transfer) Amendment and Validation Act, 1990 (Orissa Act 18 of 1990) S. 2, came into force, w.e.f. the 12th March 1983) [Every person having a claim against the owner of the textile undertaking shall prefer such claim before the Commissioner within thirty days from the date of publication of a notice issued by the Commissioner inviting such claims:] Provided that if the Commissioner is satisfied that the claimant was prevented by sufficient cause from preferring the claim within the said period of thirty days, he may entertain the claim within a further period of thirty days but not thereafter, 18. Priority of claims. The claims arising out of the matters specified in the Schedule shall have priorities in accordance with the following principles, namely:" (a) category I shall have precedence over all other categories and category II shall have precedence over category III and so on; (b) the claims specified in each category except category III shall rank equally and be paid in full,, but if the amount is insufficient to meet such claims in Kill, they shall.....

Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986 Complete Act

State: Central

Year: 1986

.....for which the National Textile Corporation would have held such licence or other instrument. (3) Save as otherwise expressly provided in this Act, references in this Act to the National Textile Corporation shall, in respect of any textile undertaking or part thereof which is transferred to a Subsidiary Textile Corporation, be construed as references to the Subsidiary Textile Corporation. SECTION 07: SHARES TO BE ISSUED BY NATIONAL TEXTILE CORPORATION FOR THE VALUE OF ASSETS TRANSFERRED TO IT BY THE CENTRAL GOVERNMENT -An amount equal to the value of the assets of the textile undertakings transferred to, and vested in the National Textile Corporation under sub-section (2) of Section 3-shall be deemed to be the contribution made by the Central Government to the equity capital of the National Textile Corporation; and for the contribution so made, the National Textile Corporation shall issue (if necessary after amending its memorandum and articles of association) to the Central Government paid up shares, in its equity capital having a face value equal to the amount specified in Section 8- CHAPTER 03 PAYMENT OF AMOUNTS SECTION 08: PAYMENT OF AMOUNT -For the transfer.....

Central India Spinning, Weaving & Manufacturing Company Limited, the Empress Mills, Nagpur (Acquisition & Transfer of Undertaking) Act, 1986 Complete Act

State: Maharashtra

Year: 1986

.....Weaving and Manufacturing Company Limited, being an existing company as defined in clause (ii) of sub-section (1) of section 3 of the Companies Act, 1956, had been engaged in the manufacture and production of yearn, cloth and paper manufacturing through its undertaking which was composite textile mill and paper manufacturing Company Limited, "The Empress Mills", Nagpur; AND WHEREAS, in Petition No. 183 of 1986 filed by the Company for voluntary winding up, the High Court of Bombay had made an order for appointment of the Provisional Liquidator and the proceedings for its liquidation were pending; AND WHEREAS, the company had declared lock-out throwing about more than 6,000 workers out of employment and the undertaking has not been functioning since 3rd May, 1986; AND WHREAS, it was expedient to acquire the undertaking of the said company to ensure that the interest of the general public and of the employees of the undertaking were served by the continuance, by the undertaking of the said company, of the manufacture, production and distribution of textile and paper products which are essential to the needs of the country and to provide for matters connected therewith or.....

The Madras Race Club (Acquisition and Transfer of Undertaking) Act 1986 Complete Act

State: Tamil Nadu

Year: 1986

THE MADRAS RACE CLUB (ACQUISITION AND TRANSFER OF UNDERTAKING) ACT 1986 THE MADRAS RACE CLUB (ACQUISITION AND TRANSFER OF UNDERTAKING) ACT 1986 ACT NO.26 OF 1986 An Act to provide for the acquisition, for a public purpose, and transfer of the undertaking of the Madras Race Club and for matters connected therewith or incidental thereto. WHEREAS the Madras Race Club, which is a company within the meaning of the Companies Act, 1956 (Central Act 1 of 1956), is engaged in the business of running of horse races at Madras and at Uthagamandalam including the business of inter-venue betting; AND WHEREAS it has been brought to the notice of the Government that the Committee of management of the Madras Race Club is ridden with factions and that the affairs of the said Club are not conducted properly and in particular in the interests of the race going public; AND WHEREAS instances of irregularities and malpractices in the conduct of the horse races have been brought to the notice of the Government: AND WHEREAS it has been brought to the notice of the Government that the book-makers keep huge amounts of bet from records causing substantial loss of revenue to the.....

Engel India Machines and Tools Limited (Acquisition and Transfer of Undertakings) Act, 1986 Complete Act

State: West Bengal

Year: 1986

.....LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 ENGEL INDIA MACHINES AND TOOLS LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 32 of 1986 7th August, 1987 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of the Engel India Machines and Tools Limited, and for matters connected therewith or incidental thereto. WHEREAS the Engel India Machines and Tools Limited had been engaged in the manufacture of plastic moulding machines, extruders and other machines; AND WHEREAS the management of the undertakings of the Engel India Machines and Tools Limited had been conducted in a manner highly detrimental to the public interest; AND WHEREAS the management of the undertakings of the Engel India Machines and Tools Limited was taken over by the Central Government under section 18FA of the Industries (Development and Regulation) Act, 1951; AND WHEREAS for the purpose of reconstructing and rehabilitating the undertakings of the Engel India Machines and Tools Limited so as to subserve the interests of the general public by the augmentation of production and distribution of the aforesaid articles which are essential to.....

Gluconate Limited (Acquisition and Transfer of Undertakings) Act, 1986 Complete Act

State: West Bengal

Year: 1986

GLUCONATE LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 GLUCONATE LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1986 28 of 1986 30th April, 1987 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of the Gluconate Limited, and for matters connected therewith or incidental thereto. WHEREAS the Gluconate Limited had been engaged in the manufacture of drugs and Pharmaceuticals; AND WHEREAS the management of the undertakings of the Gluconate Limited had been conducted in a manner highly detrimental to the public interest; AND WHEREAS the management of the undertakings of the Gluconate Limited was taken over by the Central Government under section 18AA of the Industries (Development and Regulation) Act, 1951; AND WHEREAS for the purpose of reconstructing and rehabilitating the undertakings of the Gluconate Limited so as to subserve the interests of the general public by the augmentation of production and distribution of the aforesaid articles which are essential to the needs of the general public, it is necessary to acquire the undertakings of the Company; It is hereby enacted as follows : CHAPTER 1.....