Inchek Tyres Limited and National Rubber Manufacturers Limited (Nationalisation) Act, 1984

The Inchek Tyres Limited and National Rubber Manufacturers Limited (Nationalisation) Act, 1984

इनचैक टायर्स लिमिटेड और नेशनल रबर मैन्‍यूफैक्‍चरर्स लिमिटेड (राष्‍ट्रीयकरण) अधिनियम,1984

Rules Regulations Notifications Orders Circulars Ordinance Statutes

Act ID:	198417
Act Number:	17
Enactment Date:	1984-03-31
Act Year:	1984
Short Title:	The Inchek Tyres Limited and National Rubber Manufacturers Limited (Nationalisation) Act, 1984
Hindi Title:	इनचैक टायर्स लिमिटेड और नेशनल रबर मैन्‍यूफैक्‍चरर्स लिमिटेड (राष्‍ट्रीयकरण) अधिनियम,1984
Long Title:	An Act to provide for the acquisition and transfer of the undertakings of the Inchek Tyres Limited and the National Rubber Manufacturers Limited, with a view to securing the proper management of such undertakings so as to subserve the interests of the general public by ensuring the continued manufacture, production and distribution of tyres, tubes and other rubber goods which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto.
Ministry:	Ministry of Heavy Industries and Public Enterprises
Department:	Department of Heavy Industry
Enforcement Date:	14-02-1984


Schedule 1. THE FIRST SCHEDULE Order Appendix Forms
Schedule 2. THE SECOND SCHEDULE. Order Appendix Forms

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Show all section The Inchek Tyres Limited and National Rubber Manufacturers Limited (Nationalisation) Act, 1984

CHAPTER I

PRELIMINARY

CHAPTER II

ACQUIAITON AND TRANSFER OF THE UNDERTAKINGS OF THE TWO COMPANIES

CHAPTER III

PAYMENT OF AMOUNTS

CHAPTER IV

MANAGEMENT, ETC., OF THE UNDERTAKINGS OF THE TWO COMPANIES

CHAPTER V

PROVISIONS RELATING TO EMPLOYEES OF THE TWO COMPANIES

CHAPTER VI

COMMISSIONER OF PAYMENTS

CHAPTER VII

MISCELLANEOUS


Section 1. Short title and commencement.
Section 2. Definitions.
Section 3. Transfer to, and vesting in, the Central Government of the undertakings of the two companies.
Section 4. General effect of vesting.
Section 5. Companies to be liable for certain prior liabilities.
Section 6. Power of Central Government to direct vesting of the undertakings of the two companies in an existing Government Company.
Section 7. Transfer of the undertakings of the two companies from an existing Government company to a new Government company
Section 8. Payment of amount.
Section 9. Payment of further amounts.
Section 10. Management, etc., of the undertakings of the two companies.
Section 11. Duty of persons in charge of management of undertakings of the two companies to deliver all assets, etc.
Section 12. Duty of persons to account for assets, etc., in their possession.
Section 13. Continuance of employees.
Section 14. Provident fund and other funds.
Section 15. Appointment of Commissioner of Payments.
Section 16. Payment by Central Government to the Commissioner.
Section 17. Certain powers of Central Government or existing, or new, Government company.
Section 18. Claims to be made to the Commissioner.
Section 19. Priority of claims.
Section 20. Examination of claims.
Section 21. Admission or rejection of claims.
Section 22. Disbursement of money by Commissioner.
Section 23. Disbursement of amounts to the companies.
Section 24. Undisbursed or unclaimed amount to be deposited with the general revenue account.
Section 25. Act to have over-riding effect.
Section 26. Contracts to cease to have effect unless ratified by the Central Government or existing, or New, Government company.
Section 27. Penalties.
Section 28. Offences by companies.
Section 29. Protection of action taken in good faith.
Section 30. Delegation of powers.
Section 31. Power to make rules.
Section 32. Power to remove difficulties.
Section 33. Repeal and saving.


Schedule 1. THE FIRST SCHEDULE Order Appendix Forms
Schedule 2. THE SECOND SCHEDULE. Order Appendix Forms

Schedule 1. THE FIRST SCHEDULE

Schedule 2. THE SECOND SCHEDULE.