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Sick Textile Undertakings( Nationalisation) Act, 1974 Complete Act

Title: Sick Textile Undertakings( Nationalisation) Act, 1974

State: Central

Year: 1974

.....- Assumption of liability Section28 - Management to continue to vest in the Custodian until alternative arrangements are made Section29 - Act to override all other enactments Section30 - Contracts to cease to have effect unless ratified by National Textile Corporation Section31 - Transferor assets, etc., to be void in certain cases Section32 - Penalties Section33 - Offences by companies Section34 - Protection of action taken in good faith Section35 - Textile companies not to be wound up by the Court Section36 - Delegation of powers Section37 - Power to make rules Section38 - Power to remove difficulties Section39 - Declaration as to the policy of the State Section40 - Repeal and savings ScheduleI - FIRST SCHEDULE ScheduleII - SECOND SCHEDULE

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Tea Companies (Acquisition and Transfer of Sick Tea Units) Act, 1985 Complete Act

Title: Tea Companies (Acquisition and Transfer of Sick Tea Units) Act, 1985

State: Central

Year: 1985

.....the general revenue account Chapter VII Section23 - Act to have overriding effect Section24 - Assumption of liability Section25 - Management to continue to vest in certain persons until alternative arrangements have been made Section26 - Contracts to cease to have effect unless ratified by the Tea Trading Corporation Section27 - Penalties Section28 - Offences by companies Section29 - Protection of action taken in good faith Section30 - Tea companies not to be wound up by the court Section31 - Delegation of powers Section32 - Power to make rules Section33 - Power to remove difficulties Section34 - Repeal and saving ScheduleI - FIRST SCHEDULE ScheduleII - SECOND SCHEDULE Amending ActI - THE TEA COMPANIES (ACQUISITION AND TRANSFER OF SICK TEA UNITS) AMENDMENT ACT, 1991

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Sick Textile Undertakings (Taking over of Management) Act, 1972 Complete Act

Title: Sick Textile Undertakings (Taking over of Management) Act, 1972

State: Central

Year: 1972

.....to make certain declarations in relation to sick textile undertakings Chapter 4 Section8 - Textile companies not to wound up Section9 - Contracts, etc., in bad faith may be cancelled or varied Section10 - Power to terminate the contract of employment Section11 - Management of sick textile undertakings pending taking over physical possession by the Custodian Section12 - Protection of action taken in good faith Section13 - Delegation of powers Section14 - Debts incurred for the purposes of textile undertaking to have priority Section15 - Penalties Section16 - Offences by companies Section17 - Power to make rules Section18 - Repeal and saving Schedule1 - SCHEDULE I Schedule2 - SCHEDULE II

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Sick Industrial Companies (Special Provisions) Act, 1985 Complete Act

Title: Sick Industrial Companies (Special Provisions) Act, 1985

State: Central

Year: 1985

.....for continuing operations, etc., during inquiry Section20 - Winding up of sick industrial company Section21 - Operating agency to prepare complete inventory, etc. Section22 - Suspension of legal proceedings, contracts, etc. Section22A - Direction not to dispose of assets Chapter IV Section23 - Loss of fifty per cent, net worth by industrial companies Section23A - Proceedings on report, etc., of loss of fifty per cent, net worth Section23B - Power of Board to call for periodic information Section24 - Misfeasance proceedings Section25 - Appeal Section26 - Bar of jurisdiction Section27 - Delegation of powers Section28 - Returns and information Section29 - Power to seek the assistance of Chief Metropolitan Magistrate and District Magistrate Section30 - Protection of action taken in good faith Section31 - Saving of pending proceedings Section32 - Effect of the Act on other laws Section33 - Penalty for certain offences Section34 - Offences by companies Section35 - Power to remove difficulties Section36 - Power to make rules Schedule1 - THE SCHEDULE Amending Act1 - AMENDMENT ACT

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Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central) Complete Act

Title: Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central)

State: Central

Year: 2003

Preamble1 - SICK INDUSTRIAL COMPANIES (SPECIAL PROVISIONS) REPEAL ACT, 2003 Section1 - Short title and commencement Section2 - Definitions Section3 - Repeal of Act 1 of 1986 and dissolution of Appellate Authority and Board Section4 - Consequential provisions Section5 - Saving Section6 - Power to make rules

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