Bare Act Search Results

Public Sector Iron and Steel Companies (Restructuring) Preamble 1

Title: Public Sector Iron and Steel Companies (Restructuring)and Miscellaneous Provisions Act, 1978

State: Central

Year: 1978

THE PUBLIC SECTOR IRON AND STEEL COMPANIES (RESTRUCTURING) AND MISCELLANEOUS PROVISIONS ACT, 1978 [Act, No.16 of 1978] [30th April, 1978] PREAMBLE An Act to provide for restructuring of the iron and steel companies in the public Sector so as to secure better management and grater efficiency in their working and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Twenty-ninth Year of the Republic of India as follows:

Public Sector Iron and Steel Companies (Restructuring) Complete Act

Title: Public Sector Iron and Steel Companies (Restructuring)

State: Central

Year: 1978

.....- Provisions relating to officers and other employees of dissolved companies Section15 - Provisions relating to officers and employees of transferred units Section16 - Provisions relating to directors Section17 - Provision relating to auditors Section18 - Compensation for transfer not payable Section19 - Provident Fund Section20 - Gratuity, welfare and other funds Chapter V Section21 - Provisions with respect to income-tax and sur-tax Section22 - Taxes, fees and other charges not payable Chapter VI Section23 - Savings of contracts etc Section24 - Saving of legal proceedings Section25 - Power to remove difficulties Section26 - Act to override the provisions of other laws Section27 - Power to amend memorandum and articles of association ScheduleI - SCHEDULE ScheduleII - SCHEDULE

Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978 Complete Act

State: Central

Year: 1978

.....STEEL LIMITED TO CENTRAL GOVERNMENT On the appointed day, all the shares held by the Bokaro Steel Limited in the share capital of the Bharat Refactories Limited shall stand transferred to, and vest in, the Central Government. SECTION 09: TRANSFER OF SHARES HELD BY INTEGRAL COMPANY TO CENTRAL GOVERNMENT On the appointed day, all the shares held by the Integral Company in the share capital of each of the companies specified in the Second Schedule shall stand transferred to, and vest in, the Central Government. SECTION 10: TRANSFER OF SHARES HELD BY INTEGRAL COMPANY TO BHARAT REFRACTORIES LIMITED On the appointed day, all the shares held by the Integral Company in the share capital of the India Firebricks and Insulation Company Limited (a company formed and registered under the Companies Act having its registered office at Bombay in the State of Maharashtra) shall stand transferred to and vest in, the Bharat Refractories limited. SECTION 11: TRANSFER OF SHARES HELD BY CENTRAL GOVERNMENT TO INTEGRAL COMPANY On the appointed day, all the shares held by the Central Government in the share capital of the Indian Iron and Steel Company Limited (a company under the Companies Act.....

Public Sector Iron and Steel Companies (Restructuring) Chapter I

Title: Preliminary

State: Central

Year: 1978

..... (2) Words and expressions used herein and not defined but defined in the Companies Act have the meaning respectively assigned to them in that Act. Section 3 - Undertaking meaning of For the purposes of this Act, the undertaking of a dissolved company or of a transferred unit shall be deemed to include all assets, rights, leaseholds (including mining leases, if any), industrial or other licences, powers, authorities and privileges and all property, movable and immovable, including lands, buildings, works, mines, workshops, projects, smelters, stores, instruments machinery, automobiles and other vehicles, cash or bank balances, cash in hand, investments, and book debts and all other rights and interests in or arising out of, such property as were immediately before the appointed day in the ownership possession, power or control of the dissolved company or the transferred unit, as the case may be (whether within or without India), and all books of account, registers, maps, drawings, records of survey and all other documents of whatever nature relating thereto, and shall also be deemed to include all borrowings, liabilities and obligations of whatever kind of the dissolved.....

Public Sector Iron and Steel Companies (Restructuring) Section 1

Title: Short Title and Commencement

State: Central

Year: 1978

( 1) This Act may be called the Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978. (2) It shall come into force on such date1as the Central Government may, by notification in the Official Gazette, appoint. ________________________ 1. 1-5-1978

National Dairy Development Board Act, 1987 Section 19

Title: Power of Board to Restructure and Streamline Organisational and Functional Set-up of National Dairy Development Board to Secure Utmost Efficiency in Functioning

State: Central

Year: 1987

(1) Notwithstanding anything contained in this Chapter, the National Dairy Development Board may make such orders or take such action as may be necessary for restructuring and streamlining the organisational and functional set-up of the National Dairy Development Board to secure utmost efficiency in its functioning, and the Board shall, for achieving this object, be competent to declare any officer or other employee or any class of officers or other employees to be redundant if it finds them redundant by way of being surplus or otherwise due to duplication of posts of the same nature, or absence of the special expertise required for the post in the revised set-up, or the non-availability of posts in a particular office or unit of the National Dairy Development Board and it is not practicable to accommodate him in the type of post in the particular grade. (2) Nothing in the Chapter shall preclude the Board, if it is considered necessary for the purpose of rationalising the conditions of service of the officers and other employees so transferred to it, to change their designation, conditions of service or the scales of pay applicable to them or to reallocate their duties and.....

Companies Act, 2013, Section 230

Title: Power to Compromise or Make Arrangements with Creditors and Members

State: Central

Year: 2013

.....company or any other person, by whom an application is made under subsection (1), shall disclose to the Tribunal by affidavit-- (a) all material facts relating to the company, such as the latest financial position of the company, the latest auditor's report on the accounts of the company and the pendency of any investigation or proceedings against the company; (b) reduction of share capital of the company, if any, included in the compromise or arrangement; (c) any scheme of corporate debt restructuring consented to by not less than seventy-five per cent. of the secured creditors in value, including-- (i) a creditor's responsibility statement in the prescribed form; (ii) safeguards for the protection of other secured and unsecured creditors; (iii) report by the auditor that the fund requirements of the company after the corporate debt restructuring as approved shall conform to the liquidity test based upon the estimates provided to them by the Board; (iv) where the company proposes to adopt the corporate debt restructuring guidelines specified by the Reserve Bank of India, a statement to that effect; and (v) a valuation report in respect of the shares and the.....

Electricity Regulatory Commissions Act, 1998 Complete Act

State: Central

Year: 1998

.....that they do not exploit their dominant position in the generation, sale of electricity or in the inter-State transmission of electricity; (b) the factors which would encourage efficiency, economical use of the resources, good performance, optimum investments and other matters which the Central Commission considers appropriate; (c) national power plans formulated by the Central Government; and (d) such financial principles and their applications contained in Schedule 6 to the Electricity (Supply) Act, 1948 (54 of 1948)-as the Commission considers appropriate. SECTION 29: DETERMINATION OF TARIFF BY STATE COMMISSION (1) Notwithstanding anything contained in any other law, the tariff for intra-State transmission of electricity and the tariff for supply of electricity, grid, wholesale, bulk or retail, as the case may be, in a State (hereinafter referred to as the "tariff), shall be subject to the provisions of this Act and the tariff shall be determined by the State Commission of that State in accordance with the provisions of this Act. 5[ "Provided that in States or Union territories where Joint Electricity Regulatory Commission has been constituted, such Joint Electricity.....

National Dairy Development Board Act, 1987 Complete Act

State: Central

Year: 1987

.....for the purposes of this Act. SECTION 25: GRANTS, DONATIONS, ETC The National Dairy Development Board may receive gifts, grants, donations or benefactions from Government or any other source in or outside India and the same shall be used by the Board for exercising its functions and discharging its responsibilities under this Act. (2) The National Dairy Development Board shall not receive any gifts, grants, donations or benefactions from a foreign government or any other source outside India except with the previous approval of the Central Government. SECTION 26: NATIONAL DAIRY DEVELOPMENT BOARD FUND (1) The National Dairy Development Board shall maintain a Fund to be called the National Dairy Development Board Fund to which shall be credited - (a) all sums of money vested in the National Dairy Development Board under Chapter II: (b) all sums of money that may be provided by Government; (c) all fees and other charges received by the National Dairy Development Board; (d) all sums of money generated from gift commodities by the National Dairy Development Board or received by it by way of grants, donations, benefactions, bequests or transfers; and (e) all sums of money received.....

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

State: Maharashtra

Year: 1986

.....COMPANY LIMITED, THE EMPRESS MILLS, NAGPUR (ACQUISITION & TRANSFER OF UNDERTAKING) ACT, 1986 CENTRAL INDIA SPINNING, WEAVING & MANUFACTURING COMPANY LIMITED, THE EMPRESS MILLS, NAGPUR (ACQUISITION & TRANSFER OF UNDERTAKING) ACT, 1986 [46 of 1986] [ For Statements of Objects and Reasons, see Maharashtra Government Gazette, Part IV, dt. October 9, 1986, p. 234.] [26th December, 1986] An Act to provide for acquisition and transfer of undertaking of the Central India Spinning, Weaving and Manufacturing Company Limited, with a view to securing the proper management of such undertaking so as to sub-serve the interest of the general public by ensuring the continued manufacture, production and distribution of textile and paper products which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto. WHEREAS, the Central India Spinning, 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.....