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Start Free TrialHindustan Tractors Limited (Acquisition and Transfer of Undertakings) Act, 1978 Complete Act
Title: Hindustan Tractors Limited (Acquisition and Transfer of Undertakings) Act, 1978
State: Central
Year: 1978
.....the Commissioner Section20 - Priority of claims Section21 - Examination of claims Section22 - Admission or rejection of claims Section23 - Disbursement of amount by the Commissioner of claimants Section24 - Disbursement of amounts to the Company Section25 - Undisbursed or unclaimed amount to be deposited to the general revenue account Section26 - Assumption of liability Chapter VII Section27 - Act to have overriding effect Section28 - Provision relating to contracts Section29 - Transfer of assets, etc., to be void in certain cases Section30 - Protection of action taken in good faith Section31 - Penalties Section32 - Offences by companies Section33 - Delegation of powers Section34 - Power of Central Government to make rules Section35 - Power to remove difficulties Section36 - Declaration as to the policy of the State ScheduleI - SCHEDULE
List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Section 16
Title: Payment of Central Government to the Commissioner
State: Central
Year: 1978
(1) the Central Government shall within thirty stays from the specified date in cash to the Commissioner for payment to Britannia engineering company and to Arthur Butler and Company- (a) an amount equal to that specified against each of their names in the first schedule. (b) an amount equal to that payable to Britannia engineering company and Arthur Butler company under section 8. (2) a deposit account shall be opened by the Central Government in favour of the Commissioner in the public account of India and every amount paid under this act to the Commissioner shall deposited by him to the credit of the said deposit account and the said deposit account shall be operated by the Commissioner. (3) Separate records shall be maintained by the Commissioner in respect in Mokameh unit and the undertakings owned by Arthur Butler and Company in relation to which payment has been made to him under this act. (4) Interest acquiring on the amounts standing to the credit of the deposit account referred to in sub-section 92) shall enure to the benefit of Britannia Engineering Company and Arthur Butler and Company.
View Complete Act List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Section 9
Title: Management Etc., of Mokameh Unit Undertakings of Arthur Butler and Company
State: Central
Year: 1978
On the appointed day, the general superintendence direction condition and management of the affairs and business of the Mokameh unit and of the undertakings owned by Arthur Butler and Company shall- (a) where a direction has been made by the Central Government under section 5 vest in the Government Company specified in such direction or (b) where no such direction been made, vest in such person or body persons as may be appointed by the Central Government in this behalf, and thereupon the Government Company so specified too the person or body of persons so appointed, as the case may be shall be entitled to exercise all such powers and do shall things as Britannia engineering company is authorised to exercise and do in relation to its Mokameh unit, to as the case may be Arthur Butler and Company is authorised to exercise and do in relation to the undertakings owned by it.
View Complete Act List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Section 10
Title: Duty to Deliver Possession of Mokameh Unit and Under-takings of Arthur Butler and Company
State: Central
Year: 1978
.....person, who has on the appointed day in his possession or under his control any assets, books documents or other appears requiting to the Mokameh unit or any undertaking owned by Arthur Butler and ?company which has crested in the Central Government or a Government Company under this act, and which belong to Britannia engineering company or as the case may be Arthur Butler and Company or would have to belonged if the Mokameh unit or as the case may be the under Central Government or the Government Company shall be liable to account for the said assets, books documents and other papers to the Central Government or the Government Company and shall deliver them up to the Central Government or the Government Company or to such person or body or persons as the Central Government or the Government Company may specify in this behalf. (3) the Central Government may take or cause to be taken all necessary steps for securing possession of the Mokameh unit and the undertakings of Arthur Butler and Company which have vested in it under section 3.
View Complete Act List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Section 11
Title: Duty of the Companies to Furnish Particulars
State: Central
Year: 1978
Britannia engineering company and Arthur Butler and Company shall within such period as the Central Government may allow in this behalf furnish to that Government a complete inventory of all it propertied and assets as on the appointed day pertaining to the Mokameh unit or as the case may be the undertakings owned by Arthur Butler and Company which has or have vested in the Central Government under section 3 and for this purpose the Central Government or the Government Company shall afford Britannia Engineering company or Arthur butler and company all reusable reasonable facilities.
View Complete Act List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Section 12
Title: Duty of Persons in Charge of Manage of Mokameh Unit Pro Under Takings of Arthur and Company to Deliver Assets Etc.
State: Central
Year: 1978
On the vesting in the Central Government or the Government Company of the management of the Mokameh unit or of any undertakings owned by Arthur Butler and Company all persons in charge of the management of the Mokameh unit or as the case may be the undertakings owned by Arthur Butler and Company immediately before the date of such vesting shall be bound to deliver to the Central Government or the Government Company or to such person or body or persons as the Central Government or the Government Company may specify in this behalf all assets, books of account registers or other documents in their custody relating to the Mokameh unit or as the case may be any undertaking owned by Arthur Butler and Company.
View Complete Act List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Chapter V
Title: Provisions Relating to Employees of Mokamen Unit and of Arthur Butler and Company
State: Central
Year: 1978
.....and Company to the Central Government or the Government Company shall not entitle such officer or other employee to any compensation under this act or any other law for the time being in force and no such claim shall be entertained by any court, tribunal or other authority. Section 14 - Provident fund and other funds (1) where Britannia Engineering Company or Arthur Butler and Company has established a provident fund superannuating fund welfare fund or other fund for the benefit of persons employed in the Mokameh unit or as the case may be any of the undertakings owned by Arthur Butler and Company the monies relatable to the employees whose services or the become transferred by or under this act to the Central Government or the Government Company shall out of the monies standing on the appointed day to the credit of such provident fund, superannuation fund welfare fund or other funds, stand transferred to and vest in the Central Government or the Government Company as the case may be. (2) the monies which stand transferred under sub-section (21) to the Central Government or the Government Company as the case may be shall be dealt with by that Government or the.....
View Complete Act List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Section 13
Title: Employment of Employees to Continue
State: Central
Year: 1978
.....had been no such vesting and shall continue to do so unless and until his employment under the Central Government or the Government Company as the case may be is duly terminated or until his remuneration and other conditions of service are duly altered by the Central Government or the Government Company as the case may be. (2) Notwithstanding anything contained in the Industrial Disputes act 1947 (14 of 1947) or in any other law for the time being in force the transfer of the services of any officer or other person employed in the Mokameh unit ire any undertakings owned by Arthur Butler and Company to the Central Government or the owned by Arthur Butler and Company to the Central Government or the Government Company shall not entitle such officer or other employee to any compensation under this act or any other law for the time being in force and no such claim shall be entertained by any court, tribunal or other authority.
View Complete Act List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Section 14
Title: Provident Fund and Other Funds
State: Central
Year: 1978
(1) where Britannia Engineering Company or Arthur Butler and Company has established a provident fund superannuating fund welfare fund or other fund for the benefit of persons employed in the Mokameh unit or as the case may be any of the undertakings owned by Arthur Butler and Company the monies relatable to the employees whose services or the become transferred by or under this act to the Central Government or the Government Company shall out of the monies standing on the appointed day to the credit of such provident fund, superannuation fund welfare fund or other funds, stand transferred to and vest in the Central Government or the Government Company as the case may be. (2) the monies which stand transferred under sub-section (21) to the Central Government or the Government Company as the case may be shall be dealt with by that Government or the Government Company in such manner as may be prescribed.
View Complete Act List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Chapter VI
Title: Commissioner of Payments
State: Central
Year: 1978
.....meaning of section 193 and 228 of the Indian Penal code (45 of 1860) and the Commissioner shall be deemed to be a civil court for the purposes of section 195 and chapter XXVI of the code of criminal Procedure 1973 (2 of 1974). (7) A claimant who is dissatisfied with 4h decision of the Commissioner may prefer an appeal against the decision to the principle court of original jurisdiction within the local limits of whose jurisdiction the Mokameh unit or as the cad may be the registered office of Arthur Butler and Company is situated; Provided that where a person who is a Judge of A High Court is appointed to be the Commissioner such appeal shall lie to the High Court of the State in which the registered office of Britannia Engineering Company or as the case may be Arthur Butler and Company is situated and such appeal shall be heard and disposed of by not less than tow judges of that High Court. Section 22 - Disbursement of money by Commissioner After admitting the claim under this Act the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such sums are due and on such payment the liability of Britannia engineering.....
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