PRELIMINARY
Section 1 — Short title and commencement.
(1) This Act may be called the Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981.
(2) It shall be deemed to have come into force on the 23rd day of June, 1981.
Browse all 33 sections
- 1.Short title and commencement.
- 2.Definitions.
- 3.Transfer to, and vesting in, the Central Government of the undertakings of the Company.
- 4.General effect of vesting.
- 5.Central Government or Cement Corporation not to be liable for prior liabilities.
- 6.Power of Central Government to direct vesting of the undertakings of the Company in Cement Corporation.
- 7.Payment of amount.
- 8.Payment of further amount.
- 9.Management, etc., of the undertakings of the Company.
- 10.Duty to deliver possession of the undertakings of the Company and documents relating thereto.
- 11.Duty to furnish particulars.
- 12.Employment of certain employees to continue.
- 13.Provident fund and other funds.
- 14.Appointment of Commissioner of Payments.
- 15.Payment by the Central Government to the Commissioner.
- 16.Certain powers of the Central Government or Cement Corporation.
- 17.Claims to be made to the Commissioner.
- 18.Priority of claims.
- 19.Examination of claims.
- 20.Admission or rejection of claims.
- 21.Disbursement of money by the Commissioner to claimants.
- 22.Disbursement of amounts to the Company.
- 23.Undisbursed or unclaimed amount to be deposited to the general revenue account.
- 24.Act to have overriding effect.
- 25.Contracts to cease to have effect unless ratified by Central Government or Cement Corporation.
- 26.Protection of action taken in good faith.
- 27.Delegation of Powers.
- 28.Penalties.
- 29.Offences by companies.
- 30.Power to make rules.
- 31.Power to remove difficulties.
- 32.Repeal and saving.
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