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Sick Textile Undertakings( Nationalisation) Act, 1974 Section 30

Title: Contracts to Cease to Have Effect Unless Ratified by National Textile Corporation

State: Central

Year: 1974

.....period, ratified, in writing, by the National Textile Corporation and in ratifying such contract the National Textile Corporation may, with the previous approval of the Central Government make such alterations or modifications therein as it may think fit : Provided that the National Textile Corporation shall not omit to ratify a contract, and shall not make any alteration or modification in a contract, unless it is satisfied that such contract is unduly onerous or has been entered into in bad faith or is detrimental to the interest of the sick textile undertaking. (2) The National Textile Corporation shall not omit to ratify a contract, and, shall not make any alteration or modification therein, except after giving to the parties to the contract a reasonable opportunity of being heard and except after recording, in writing, its reasons for refusal to ratify the contract or for making any alteration or modification therein.

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Assam Sillimanite Limited (Acquisition and Transfer of Refractory Plant) Act, 1976 Section 26

Title: Contracts to Cease to Have Effect Unless Ratified by the Central Government or Government Company

State: Central

Year: 1976

.....may make such alteration or modification therein as it may think fit: Provided that a Government company shall not make any alteration or modification in a contract without the previous approval of the Central Government: Provided further that the Central Government or the Government company shall not omit to ratify a contract, and shall not make any alteration or modification in a contract, unless it is satisfied that such contract is unduly onerous or has been entered into in bad faith or is detrimental to the interests of the Refractory Plant. (2) The Central Government or the Government company shall not omit to ratify a contract, and, shall not make any alteration or modification therein, except after giving to the parties to the contract a reasonable opportunity of being heard and except after recording, in writing, its reasons for refusal to ratify the contract or for making any alteration or modification therein.

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Smith, Stanistreet and Company Limited (Acquisition and Transfer of Undertakings) Act, 1977 Section 26

Title: Contracts to Cease to Have Effect Unless Ratified by the Central Government or Government Company

State: Central

Year: 1977

.....ratified, in writing, by the Central Government or Government company, and, in ratifying such contract, the Central Government or Government company may make such alteration or modification therein as it may think fit: Provided that the Central Government or the Government company shall not omit to ratify a contract, and, shall not make any alteration or modification in a contract, unless it is satisfied that such contract is unduly onerous or has been entered into in had faith or is detrimental to the interests of the Central Government or Government company. (2) The Central Government or Government company shall not omit to ratify a contract, and, shall not make any alteration or modification therein, except after giving to the parties to the contract a reasonable opportunity of being heard and except after recording in writing its reasons for refusal to ratify the contract or for making any alteration or modification therein.

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Coking Coal Mines (Nationalisation) Act, 1972 Section 29

Title: Contracts Cease to Have Effect Unless Ratified by the Central Government

State: Central

Year: 1972

(1) Every contract entered into by the owner or occupier of any coking coal mine or coke oven plant for any service, sale or supply before the appointed day shall, on and from the expiry of one hundred and twenty days from the date of assent cease to have effect unless such contract is, before the expiry of that period, ratified, in writing, by the Central Government and in ratifying such contract the Central Government may make such alterations or modifications therein as it may think fit: Provided that the Central Government shall not omit to ratify a contract unless it is satisfied that such contract is unduly onerous or has been entered into in bad faith or is detrimental to the interests of the coking coal mine or coke oven plant. (2) The Central Government shall not omit to ratify a contract or make any alteration or modification therein except after giving to the parties to the contract a reasonable opportunity of being heard and except after recording in writing its reasons for refusal to ratify the contract.

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Gresham and Craven of Indian (Private) Limited (Acquisition and Transfer of Undertakings) Act, 1977 Section 25

Title: Contracts to Cease to Have Effect Unless Ratified by the Central Government or the Braithwaite and Company Limited or Government Company

State: Central

Year: 1977

.....or the Braithwaite and Company Limited, or the Government company may make such alteration or modification therein as it may think fit: Provided that the Central Government, or the Braithwaite and Company Limited, or the Government company shall not omit to ratify a contract, and shall not make any alteration or modification in a contract, unless it is satisfied that such contract is unduly onerous or has been entered into in had faith or is detrimental to the interests of the Central Government, or the Braithwaite and Company Limited or the Government company. (2) The Central Government, or the Braithwaite and Company Limited or the Government company shall not omit to ratify a contract, and, shall not make any alteration or modification therein, except after giving to the parties to the contract a reasonable opportunity of being heard and except after recording, in writing its reasons for refusal to ratify the contract or for making any alteration or modification therein.

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Coal Mines (Nationalisation) Act, 1973 Section 29

Title: Contracts to Cease to Have Effect Unless Ratified by Government

State: Central

Year: 1973

(1) Every contract entered into by the owner or occupier of any coal mine for any service, sale or supply and in force immediately before the appointed day shall on and from the expiry of one hundred and twenty days from the appointed day, cease to have effect unless such contract is, before the expiry of that period, ratified, in writing, by the Central Government and in ratifying such contract the Central Government may make such alterations or modifications therein as it may think fit : Provided that the Central Government shall not omit to ratify a contract unless it is satisfied that such contract is unduly onerous or has been entered into in bad faith or is detrimental to the interests of the coal mine. (2) The Central Government shall not omit to ratify a contract or make any alteration or modification therein except after giving to the parties to the contract a reasonable opportunity of being heard and except after recording in writing its reasons for refusal to ratify the contract.

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Textile Undertakings (Nationalisation) Act,1995 Section 30

Title: Contracts to Cease to Have Effect Unless Ratified by the National Textile Corporation

State: Central

Year: 1995

.....to have effect unless such contract is before the expiry of that period, ratified in writing, by the National Textile Corporation and in ratifying such contract the National Textile Corporation may make such alterations or modifications therein as it may think fit: Provided that the National Textile Corporation shall not omit to ratify a contract and shall not make any alteration or modification in a contract, unless it is satisfied that such contract is unduly onerous or has been entered into in bad faith or is detrimental to the interest of the textile undertaking. (2) The National Textile Corporation shall not omit to ratify a contract or make any alteration or modification therein except after giving to the parties to the contract a reasonable opportunity of being heard and except after recording in writing its reasons for refusal to ratify the contract or for making any alteration or modification therein.

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Braithwaite and Company (India) Limited (Acquisition and Transfer of Undertakings) Act, 1976 Section 25

Title: Contracts to Cease to Have Effect Unless Ratified by the Central Government or Government

State: Central

Year: 1976

.....in writing, by the Central Government or the Government company, and, in ratifying such contract, the Central Government or the Government company may make such alteration or modification therein as it may think fit: Provided that the Central Government or the Government company shall not omit to ratify a contract, and shall not make any alteration or modification in a contract, unless it is satisfied that such contract is unduly onerous or has been entered into in bad faith or detrimental to the interests of the Central Government or the Government company. (2) The Central Government or the Government company shall not omit to ratify a contract, and, shall not make any alteration or modification therein, except after giving to the parties to the contract a reasonable opportunity of being heard and except after recording, in writing, its reasons for refusal to ratify the contract or for making any alteration or modification therein.

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Burn Company and Indian Standard Wagon Company (Nationalisation) Act, 1976 Section 26

Title: Contracts to Cease to Have Effect Unless Ratified by the Central Government or Government Company

State: Central

Year: 1976

.....period, ratified, in writing, by the Central Government, or Government company, and in ratifying such contract the Central Government or Government company may make such alteration or modification therein as it may think fit: Provided that the Central Government or Government company shall not omit to ratify a contract and shall not make any alteration or modification in a contract unless it is satisfied that such contract is unduly onerous or has been entered into in bad faith or is detrimental to the interests of, the Central Government or the Government company. (2) The Central Government or Government company shall not omit to ratify a contract, and, shall not make any alteration or modification therein, except after giving to the parties to the contract a reasonable opportunity of being heard and except after recording in writing its reasons for refusal to ratify the contract or for making any alteration or modification therein.

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Konkan Passenger Ships (Acquisition) Act, 1973 Section 13

Title: Contracts, Etc., Cease to Have Effect Unless Ratified by the Central Government or Government Company

State: Central

Year: 1973

.....of thirty days, ratified, in writing by the Central Government or the Government company, as the case may be, and in ratifying such contract the Central Government or the Government company may make such alterations or modifications therein as the circumstances of the case may require: Provided that the Central Government or the Government company shall not omit to ratify a contract unless it is satisfied that such contract is unduly onerous or has been entered into in bad faith or is detrimental to the interests of the Konkan coastal passenger shipping service. (2) The Central Government or the Government company shall not omit to ratify a contract or make any alteration or modification therein except after giving to the parties to the contract a reasonable opportunity of being heard , and except after recording, in writing, its reasons for refusal to ratify the contract or for the alteration or modification of the contract.

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