Title : Acquisition of the Shares of Oil India Hels by Burmah Oil Company
State : Central
Year : 1981
(1) On the appointed day, all the shares in the capital of Oil India held by Burmah Oil Company shall by virtue of this Act , stand transferred to , and vested in , the central government (2) All the shares which have vested in the central government under sub-section (1) shall by force of such vesting , be freed and discharged of all trusts, liabilities, obligations, mortgages , charges , liens, and other encumbrances affecting them. (3) Any dividend payable by Oil India to the shares which have vested in the central government under sub-section (1) in respect of any period beginning from the I st day of January , 1977 , shall be payable to the central government . Section 4 - Management of Oil India For the purpose of enabling Oil India to function as a government company ,..... View Complete Act List Judgments citing this sectionTitle : Transfer and Vesting of Certain Shares of Oil India in the Central Government
State : Central
Year : 1981
(1) On the appointed day, all the shares in the capital of Oil India held by Burmah Oil Company shall by virtue of this Act , stand transferred to , and vested in , the central government (2) All the shares which have vested in the central government under sub-section (1) shall by force of such vesting , be freed and discharged of all trusts, liabilities, obligations, mortgages , charges , liens, and other encumbrances affecting them. (3) Any dividend payable by Oil India to the shares which have vested in the central government under sub-section (1) in respect of any period beginning from the I st day of January , 1977 , shall be payable to the central government . View Complete Act List Judgments citing this sectionTitle : Mandatory Sharing of Sport Broadcasting Signals with Prasar Bharati
State : Central
Year : 2007
(1) No content rights owner or holder and no television or radio broadcasting service provider shall carry a live television broadcast on any cable or Direct-to-Home network or radio commentary broadcast in India of sporting events of national importance, unless it simultaneously shares the live broadcasting signal, without its advertisements, with the Prasar Bharati to enable them to re-transmit the same on its terrestrial networks and Direct-to-Home networks in such manner and on such terms and conditions as may be specified. (2) The terms and conditions under sub-section (1) shall also provide that the advertisement revenue sharing between the content rights owner or holder and the Prasar Bharati shall be in the ratio of not less than 75:25 in case of television coverage and 50:50..... View Complete Act List Judgments citing this sectionTitle : Jayanti Shipping Company ( Acquisition of Shares ) Act , 1971
State : Central
Year : 1971
Preamble1 - JAYANTI SHIPPING COMPANY ( ACQUISITION OF SHARES ) Act , 1971 Chapter I Section1 - Short title and commencement Section2 - Definitions Chapter II Section3 - Vesting of shares of company in Central Government and compensation therefor Section4 - Apportionment and manner of payment of compensation Chapter III Section5 - Allocation of shares to Shipping Corporation of India and certain other persons Section6 - Amendment of memorandum and articles of association of company Section7 - Interim management of company Chapter IV Section8 - Directors, etc, not entitled to compensation Section9 - Contracts in bad faith, etc, may be cancelled or varied Section10 - Duty to deliver possession of property of company and documents relating to company Section11 - Powers of..... List Judgments citing this sectionTitle : Bolani Ores Limited (Acquisition of Shares) and Miscellaneous Provisions Act, 1978
State : Central
Year : 1978
Preamble1 - THE BOLANI ORES LIMITED (ACQUISITION OF SHARES) AND MISCELLANEOUS PROVISIONS ACT, 1978 Chapter I Section1 - Short title and commencement Section2 - Definitions Chapter II Section3 - Vesting in the Central Government of the shares held by the company Section4 - Payment of amount to the Company Section5 - Allocation of share s to the Steel authority of India Chapter III Section6 - Vesting of undertakings a in the Steel Authority of India and dissolution of Bolani Ores Limited Section7 - Under-taking meaning of ChapterIV - PROVISIONS RELATING TO OFFICERS AND EMPLOYEES Section8 - Provisions relating to officers and other employees of dissolved company Section9 - Provisions relating to directors Section10 - Provisions relating to auditors Section11 - Directors, etc.,..... List Judgments citing this sectionTitle : State Bank of Sikkim (Acquisition of Shares) and Miscellaneous Provisions Act, 1982
State : Central
Year : 1982
Preamble1 - STATE BANK OF SIKKIM (ACQUISITION OF SHARES) AND MISCELLANEOUS PROVISIONS ACT, 1982 Chapter I Section1 - Short title and commencement Section2 - Definitions Chapter II Section3 - Vesting in the Central Government of certain shares of Sikkim Bank Chapter III Section4 - Vesting of undertaking of Sikkim Bank Section5 - General effect of vesting Section6 - Vesting of the shares and undertakings of Sikkim Bank in the State Government Section7 - Power of State Government to direct vesting of the undertakings of Sikkim Bank the Sikkim Co-operative bank Chapter IV Section8 - Payment of amounts Chapter V Section9 - Management etc., of the undertakings of Sikkim Bank Section10 - Date of delivery possession of property acquired and documents relating thereto ChapterVI -..... List Judgments citing this sectionTitle : Jayanti Shipping Company ( Acquisition of Shares ) Act , 1971
State : Central
Year : 1971
THE JAYANTI SHIPPING COMPANY ( ACQUISITION OF SHARES ) Act , 1971 [Act, No. 63 of 1971] [23rd December, 1971] PREAMBLE An Act to provide for the acquisition of the shares of the Jayanti Shipping Company Ltd in order to serve better the shipping needs of the nation and to facilitate the promotion and development in the interest or the general public of National Shipping and For matters connected therewith or incidental thereto. BE it enacted by the parliament in the Twenty-second year of the Republic of India as follows:-- View Complete Act List Judgments citing this sectionTitle : Indian Iron and Steel Company (Acquisition of Shares) Act, 1976
State : Central
Year : 1976
THE INDIAN IRON AND STEEL COMPANY (ACQUISITION OF SHARES) ACT, 1976 [Act, No. 89 of 1976] [2nd September, 1976] PREAMBLE An Act to provide for the acquisition of certain shares of the Indian Iron and Steel Company Limited with a view to securing the proper management of the affairs of the Company and the continuity and Development of the production of goods which are vital to the needs of the country and for matters connected therewith or incidental thereto. WHEREAS the management of the undertaking of the Indian Iron and Steel Company Limited was taken over by the Central Government for a limited period under the Indian Iron and Steel Company (Taking Over of Management) Act, 1972, in order to secure the proper management of such undertaking; AND WHEREAS the top management..... View Complete Act List Judgments citing this sectionTitle : Acquisition of the Shares of Caltex Oil Refining
State : Central
Year : 1977
(1) On the appointed day, all the shares in the capital of Caltex Oil Refining shall, by virtue of this Act, stand transferred to, and vested in, the Central Government. (2) All the shares which have vested in the Central Government under sub-section (1) shall, by force of such vesting, be freed and discharged of all trusts, liabilities, obligations, mortgages, charges, liens and other encumbrances affecting them. (3) Any dividend payable by Caltex Oil Refining in respect of any period beginning from the 1st day of January, 1976, shall be payable to the Central Government. Section 4 - Management of Caltex Oil Refining (1) For the purpose of enabling Caltex Oil Refining to function as a Government company, the Central Government may, by notification, make such amendments in the..... View Complete Act List Judgments citing this sectionTitle : Transfer and Vesting in the Central Government of Shares of Caltex Oil Refining
State : Central
Year : 1977
(1) On the appointed day, all the shares in the capital of Caltex Oil Refining shall, by virtue of this Act, stand transferred to, and vested in, the Central Government. (2) All the shares which have vested in the Central Government under sub-section (1) shall, by force of such vesting, be freed and discharged of all trusts, liabilities, obligations, mortgages, charges, liens and other encumbrances affecting them. (3) Any dividend payable by Caltex Oil Refining in respect of any period beginning from the 1st day of January, 1976, shall be payable to the Central Government. View Complete Act List Judgments citing this section