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Home Bare Acts Phrase: takingParel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed] Repealing Act 1
Title: Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Repeal Act, 2005
State: Central
Year: 1979
.....MANAGEMENT) REPEAL ACT, 2005 THE PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) REPEAL ACT, 2005 [Act, No.14 of 2005] [31st March, 2005] PREAMBLE An Act to repeal the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Act, 1979. BE it enacted by Parliament in the Fifty-fifth Year of the Republic of India as follows:-- 1. Short Title This Act may be called the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Repeal Act, 2005. 2. Repeal and Saving (1) The Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Act, 1979 is hereby repealed.; (2) On the repeal of the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Act, 1979, the management of the Parel Investments and Trading Private Limited and Domestic Gas Private Limited shall be vested and deemed to have been vested in the respective board of directors of the said Companies to be appointed after such repeal and possession of the.....
View Complete Act List Judgments citing this sectionSugar Undertakings (Taking over of Management) Act, 1978 Chapter II
Title: Taking over of Management
State: Central
Year: 1978
.....has in any sugar year failed to commence the manufacture of sugar on or before the appointed day in respect of that year, or having started the manufacture of sugar on or before that day ceased to manufacture sugar before the expiry of the average period of manufacture of sugar in relation to that undertaking; or (b) that on any date in any sugar year any sugar undertaking has, in relation to the cane1[purchased at any time (whether in that sugar year or in any earlier sugar year or sugar years and whether before or after the commencement of this Act), before that date] for the purposes of the undertaking, arrears of cane dues to the extent of more than ten percent, of the total price of the cane purchased for the purposes of the undertaking during the immediately preceding sugar year; and (c) that in either case the effective functioning of the undertaking is necessary for the purposes of this Act, the Central Government may issue a notice in such form and in such manner as may be prescribed to the owner or the manager of such sugar undertaking calling upon such owner or manager to report in writing within such time, not being less than five days, as may be specified in.....
View Complete Act List Judgments citing this sectionLalit Kala Akadami Taking over of Management Act, 1997 Preamble 1
Title: Lalit Kala Akadami Taking over of Management Act, 1997
State: Central
Year: 1997
THE LALIT KALA AKADAMI (TAKING OVER OF MANAGEMENT) ACT, 1997 [Act, No. 17 of 1997] [25th March, 1997] PREAMBLE An Act to provide for the taking over of the management of the Lalit Kala Akadami for a limited period in the public interest and for matters connected therewith or incidental thereto. WHEREAS the Lalit Kala Akadami was set up as an apex cultural body in the field of visual arts by the Government of India by the Parliamentary Resolution passed on the 5th day of August, 1954 to encourage and promote visual arts such as paintings, graphics, sculptures, etc.; AND WHEREAS the Lalit Kala Akadami was regisiercd as a society under the Societies Registration Act, 1860 (21 of 1860) on the 11th day of March, 1957; AND WHEREAS the Akadami has full functional autonomy in the Held of its activity, even though the Government of India is the sole-funding agency for the organisation; AND WHEREAS pursuant to the complaints received with regard to the misuse of funds by the Lalit Kala Akadami from several quarters including from the Hon'ble Members of Parliament, a Committee was set up by the Government of India by Resolution dated the 24th day of March, 1988 under the.....
View Complete Act List Judgments citing this sectionParel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed] Preamble 1
Title: Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979
State: Central
Year: 1979
THE PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) ACT, 1979 [Act, No. 29 of 1979] [26th May, 1979] PREAMBLE An Act to provide for the taking over, in the public interest, of the management of the undertakings of the Parel Investments and Trading Private Limited and the Domestic Gas Private Limited, pending acquisition of those undertakings, with a view to maintaining a service essential to the life of the community, namely, the bottling, transporting, marketing and distribution of liquefied petroleum gas, and for matters connected therewith or incidental thereto. WHEREAS the undertakings in India of Caltex (India) Limited, a foreign company, had vested in Caltex Oil Refining (India) Limited, a Government company within the meaning of the Companies Act, 1956 (1 of 1956), under the Caltex [Acquisition of Shares of Caltex Oil Refining (India) Limited and of the Undertakings in India of Caltex (India) Limited] Act, 1977 (17 of 1977); AND WHEREAS the agreement dated the 23rd November, 1970 entered into by Caltex (India) Limited with the East Coast Gas Company, a partnership firm which has since been taken over.....
View Complete Act List Judgments citing this sectionParel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed] Chapter II
Title: Taking over of Management of the Undertakings of the Two Companies
State: Central
Year: 1979
.....two companies (including the power to dispose of any properties or assets of the two companies) whether such powers are derived from the Companies Act, 1956, or from the memorandum and articles of association of either of the two companies or from any other source. (4) Any person having possession, custody or control of any property forming part of the undertaking of either of the two companies, shall, on demand, deliver forthwith such property to the Custodian or to any such person as may be authorised by the Custodian or the Central Government in this behalf. (5) If any person fails or refuses to comply with any demand made under sub-section (4) for the delivery of any property, the Custodian or any person authorised under the said sub-section may take possession of that property and may, for that purpose, use such reasonable force as may be necessary. (6) Any person who, on the appointed day, has in his possession or under his control any books, papers or other documents relating to the undertaking of either of the two companies, including the minutes books containing the resolutions of the persons in charge of the management thereof before the appointed day, the.....
View Complete Act List Judgments citing this sectionIndian Copper Corporation (Taking over of Management) Act, 1972 Preamble 1
Title: Indian Copper Corporation (Taking over of Management) Act, 1972
State: Central
Year: 1972
THE INDIAN COPPER CORPORATION (TAKING OVER OF MANAGEMENT) ACT, 1972 [Act, No. 11 of 1972] [20th April, 1972] PREAMBLE An Act to provide for the taking over, in the public interest, of the management of the undertaking of the Indian Copper Corporation Limited, pending acquisition of that undertaking. Whereas it is expedient in the public interest that the undertaking of the Indian Copper Corporation Limited should be acquired for the purpose of enabling the Central Government to conserve and exploit in a scientific and rational manner to the maximum advantage of the nation, the copper deposits in the Singhbhum belt in the State of Bihar and to utilise the deposits in such manner as to subserve the common good, in the context of the requirements of copper in the country; AND WHEREAS it is expedient, in the public interest, to take over the management of the undertaking of the Indian Copper Corporation Limited pending acquisition thereof; BE it enacted by Parliament in the Twenty-third Year of the Republic of India as follows:-
View Complete Act List Judgments citing this sectionTextile Undertakings (Taking over of Management) Act, 1983 Preamble 1
Title: Textile Undertakings (Taking over of Management) Act, 1983
State: Central
Year: 1983
.....reason of mismanagement of the affairs of the textile undertakings specified in the First Schedule, their financial condition become wholly unsatisfactory even before the commencement in January 1982 of the textile strike in Bombay and their financial condition has thereafter further deteriorated; AND WHEREAS certain public financial institutions have advanced large sums of money to the companies owning the said undertakings with a view to making the said undertakings viable; AND WHEREAS further investment of very large sums of money is necessary for reorganising and rehabilitating the said undertakings and thereby to protect the interests of the workmen employed therein and to augment the production and distribution at fair prices of different varieties of cloth and yarn so as to subserve the interests of the general public; AND WHEREAS acquisition by the Central Government of the said undertakings is necessary to enable it to invest such large sums of money; AND WHEREAS pending the acquisition of the said undertakings, it is expedient in the public interest to take over the management of the said undertakings; BE it enacted by Parliament in the Thirty-fourth Year of.....
View Complete Act List Judgments citing this sectionSugar Undertakings (Taking over of Management) Act, 1978 Preamble 1
Title: Sugar Undertakings (Taking over of Management) Act, 1978
State: Central
Year: 1978
SUGAR UNDERTAKINGS (TAKING OVER OF MANAGEMENT) ACT, 1978 [Act, No. 49 of 1978] [30th December, 1978] PREAMBLE An Act to provide for the temporary taking over, in the public interest, of the management of certain sugar undertakings in certain circumstances. WHEREAS for maintaining the continuity of production of sugar, for avoiding undue hardship to cane producing farmers and to best sub serve the interests of all sections of the people, it is expedient in the public interest to provide for the taking over for a limited period the management of every sugar undertaking which fails or ceases to manufacture sugar or which fails to pay promptly amounts due for the cane acquired for the purposes of the undertaking; BE it enacted by Parliament in the Twenty-ninth Year of the Republic of India as follows :
View Complete Act List Judgments citing this sectionSick 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
List Judgments citing this sectionParel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed] Complete Act
Title: Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed]
State: Central
Year: 1979
Preamble1 - PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) ACT, 1979 Chapter I Section1 - Short title and commencement Section2 - Definitions Chapter II Section3 - Management of the undertakings of the two companies to vest in Central Government Section4 - Appointment of Custodian to take over management of the undertakings of the two companies Section5 - Payment of amount Chapter III Section6 - Application of Act 1 of 1956 Section7 - Penalties Section8 - Offences by companies Section9 - Exclusion of period of operation of Act Section10 - Act to have over-riding effect Section11 - Protection of action taken in good faith Section12 - Contracts in bad faith, etc., to be terminated or modified Section13 - Avoidance of transfer or surrender after 29th December, 1977 Section14 - Power to terminate contract of employment Section15 - Power to remove difficulties Section16 - Power to make rules Repealing Act1 - PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) REPEAL ACT, 2005
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