Title : Advisory Committees
State : Central
Year : 1964
(1) The Central Government may. in consultation with the Corporation, by notification in the Official Gazette, constitute one or more Advisory Committees consisting of such persons and on such terms and conditions as may be prescribed. (2) It shall be the duty of any such Advisory Committee to advise the Central Government or the Corporation in regard to any matter connected with the purposes of this Act in respect of which its advice is sought by the Central Government, or, as the case may be, by the Corporation. (3) The expenses in relation to the Advisory Committees shall be met by the Corporation. View Complete Act List Judgments citing this sectionTitle : Officers and Other Employees of Corporation
State : Central
Year : 1964
(1) The Central Government shall after consultation with the Corporation, appoint a person to be the Secretary of the Corporation. (2) Subject to such rules as may be made by the Central Government in this behalf, the Corporation may appoint such other officers and employees as it considers necessary for the efficient performance of its Junctions. (3) The methods of appointment, the conditions of service and the scales of pay of the officers and other employees of the Corporation shall-- (a) as respects the Secretary, be such as may be prescribed; (b) as respects the other officers and employees, be such as may be determined by regulations made by the Corporation under this Act. View Complete Act List Judgments citing this sectionTitle : Management of State Food Corporation
State : Central
Year : 1964
(1) the general superintendence, direction and management of the affairs and business of a State Food Corporation shall vest in a board of directors which shall consist of a Chairman, a General Manager and not more than ten other members, all of whom shall be appointed by the Food Corporation of India after consultation with the Central Government and the State Government. (2) The General Manager shall- (a) exercise such powers and perform such duties as the board of directors may entrust or delegate to him; and (b) receive such salary and allowances and be governed by such terms and conditions of service as the board of directors may, in consultation with the Food Corporation of India, fix. (3) The board of directors, in discharging its functions, shall act on business..... View Complete Act List Judgments citing this sectionTitle : Funds of Food Corporation
State : Central
Year : 1964
(1) A Food Corporation shall have its own fund and all receipts of the Corporation shall be credited thereto and all payments of the Corporation shall be met there from. (2) Such fund shall be applied for meeting all administrative expenses of the Food Corporation and for carrying out the purposes of this Act. View Complete Act List Judgments citing this sectionTitle : Allocation of Surplus Profits
State : Central
Year : 1964
(1) A Food Corporation shall establish a reserve fund to which shall be credited every year such portion of its annual net profits as that Corporation thinks fit. (2) After making provision for such reserve fund and for bad and doubtful debts, depreciation in assets and all other matters which are usually provided for by companies registered and incorporated under the Companies Act, 1956, the balance of its annual net profits shall be paid-- (a) in the case of the Food Corporation of India, to the Central Government, and (b) in the case of a State Food Corporation, to the Central Government and the Food Corporation of India in the same proportion as the capital provided by them. View Complete Act List Judgments citing this sectionTitle : Offences
State : Central
Year : 1964
(1) Whoever, without the consent in writing of a Food Corporation, uses its name in any prospectus or advertisement, shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to one thousand rupees, or with both. (2) No Court shall take cognizance of any offence under sub-section (1) except on a complaint in writing by an officer authorised in this behalf by the Food Corporation concerned. View Complete Act List Judgments citing this sectionTitle : Constitution of the Corporation
State : Central
Year : 1948
(1)The Corporation shall consist of a Chairman and two other members appointed by the Central Government after consultation with the State Governments. (2) A person shall be disqualified for being appointed, or for continuing as, a member of the Corporation-- (a) if he is a member of Substituted by the A. O. 1950 for " the Central ",] [Parliament] or any State Leislature; or (b) if he has, directly or indirectly, any interest in a subsisting contract made with, or in any work being done for, the Corporation except as a shareholder (other than a director) in an incorporated company provided that where he is a shareholder, he shall disclose to the Government the nature and extent of shares held by him in such Company. (3) No act or proceeding of the Corporation shall be invalid b..... View Complete Act List Judgments citing this sectionTitle : Functions and Duties of the Financial Adviser
State : Central
Year : 1948
The functions and duties of the financial adviser shall be such as may be prescribed. View Complete Act List Judgments citing this sectionTitle : Appointment of Advisory Committee
State : Central
Year : 1948
Subject to any rules made under section 59 the Corporation may from time to time appoint one or more Advisory Committees for the purpose of securing the efficient discharge of the functions of the Corporation, and in particular for the purpose of securing that those functions are exercised with due regard to the circumstances and requirements of particular local areas. View Complete Act List Judgments citing this sectionTitle : General Powers of the Corporation
State : Central
Year : 1948
(1) The Corporation shall have the power to do anything which may be necessary or expedient for the purposes of carrying out its functions under this Act. (2) Without prejudice to the generality of the foregoing provision, such power shall include the power-- (i) to acquire and hold such movable and immovable property as it may deem necessary and to lease, sell or otherwise transfer any such property; (ii) to construct or cause to be constructed such dams, barrages, reservoirs, power houses, power structures, electrical transmission lines and sub-stations, navigation works, irrigation, navigation and drainage canals and such other works and structures as may be required ; (iii) to prevent pollution of any water under its control and to take all measures to prevent discharges..... View Complete Act List Judgments citing this section