Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981

The Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981

डालमिया दादरी सीमेंट लिमिटेड (उपक्रमों काअर्जन और अन्तरण) अधिनियम, 1981

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Act ID:	198131
Act Number:	31
Enactment Date:	1981-09-15
Act Year:	1981
Short Title:	The Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981
metadata.dc.title.hindi:	डालमिया दादरी सीमेंट लिमिटेड (उपक्रमों काअर्जन और अन्तरण) अधिनियम, 1981
Long Title:	An Act to provide for the acquisition and transfer of the undertakings of the Dalmia Dadri Cement Limited with a view to securing the proper management of such undertakings so as to subserve the interest of the general public by ensuring the continued manufacture, production and distribution of cement which is essential to the needs of the economy of the country and matters connected therewith or incidental thereto.
Ministry:	Ministry of Heavy Industries and Public Enterprises
Department:	Department of Heavy Industry
Enforcement Date:	23-06-1981


Schedule 1. THE SCHEDULE Order Appendix Forms

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Show all section The Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981

CHAPTER I

PRELIMINARY

CHAPTER II

ACQUISITION AND TRANSFER OF THE UNDERTAKINGS OF THE COMPANY

CHAPTER III

PAYMENT OF AMOUNTS

CHAPTER IV

MANAGEMENT, ETC., OF THE UNDERTAKINGS OF THE COMPANY

CHAPTER V

PROVISIONS RELATING TO THE EMPLOYEES OF THE COMPANY

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 Company.
Section 4. General effect of vesting.
Section 5. Central Government or Cement Corporation not to be liable for prior liabilities.
Section 6. Power of Central Government to direct vesting of the undertakings of the Company in Cement Corporation.
Section 7. Payment of amount.
Section 8. Payment of further amount.
Section 9. Management, etc., of the undertakings of the Company.
Section 10. Duty to deliver possession of the undertakings of the Company and documents relating thereto.
Section 11. Duty to furnish particulars.
Section 12. Employment of certain employees to continue.
Section 13. Provident fund and other funds.
Section 14. Appointment of Commissioner of Payments.
Section 15. Payment by the Central Government to the Commissioner.
Section 16. Certain powers of the Central Government or Cement Corporation.
Section 17. Claims to be made to the Commissioner.
Section 18. Priority of claims.
Section 19. Examination of claims.
Section 20. Admission or rejection of claims.
Section 21. Disbursement of money by the Commissioner to claimants.
Section 22. Disbursement of amounts to the Company.
Section 23. Undisbursed or unclaimed amount to be deposited to the general revenue account.
Section 24. Act to have overriding effect.
Section 25. Contracts to cease to have effect unless ratified by Central Government or Cement Corporation.
Section 26. Protection of action taken in good faith.
Section 27. Delegation of Powers.
Section 28. Penalties.
Section 29. Offences by companies.
Section 30. Power to make rules.
Section 31. Power to remove difficulties.
Section 32. Repeal and saving.


Schedule 1. THE SCHEDULE Order Appendix Forms

Schedule 1. THE SCHEDULE