Hooghly Docking and Engineering Company Limited (Acquisition and Transfer of Undertakings) Act, 1984

The Hooghly Docking and Engineering Company Limited (Acquisition and Transfer of Undertakings) Act, 1984

Rules Regulations Notifications Orders Circulars Ordinance Statutes

Act ID:	198455
Act Number:	55
Enactment Date:	1984-08-23
Act Year:	1984
Short Title:	The Hooghly Docking and Engineering Company Limited (Acquisition and Transfer of Undertakings) Act, 1984
Long Title:	An Act to provide for the acquisition and transfer of the undertakings of the Hooghly Docking and Engineering Company Limited with a view to securing the better utilisation of the available infrastructure thereof, to modernise and increase the capacity for ship building and ship repairing so as to reduce the import of ships, vessels and craft and to augment the production of grey iron, non-ferrous and alloy castings by the said undertakings so as to subserve the interests of the general public by ensuring the continued supply of the said articles which are essential to the needs of the economy of the country, and for matters connected therewith and incidental thereto.
Ministry:	Ministry of Shipping
Enforcement Date:	28-06-1984


Schedule 1. THE SCHEDULE Order Appendix Forms

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Show all section The Hooghly Docking and Engineering Company Limited (Acquisition and Transfer of Undertakings) Act, 1984

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. Power of Central Government to direct vesting of the undertakings of the Company in an existing Government Company.
Section 6. Transfer of undertakings of the Company from an existing Government company to a new Government company.
Section 7. Company to be liable for certain prior liabilities.
Section 8. Payment of amount.
Section 9. Payment of further amount
Section 10. Management, etc., of the undertakings of the Company
Section 11. Duty of persons in charge of management of the undertakings of the Company 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 the Central Government to the Commissioner
Section 17. Certain powers of the Central Government or the 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 the Commissioner to claimants.
Section 23. Disbursement of amounts to the Company.
Section 24. Undisbursed or unclaimed amount to be deposited to the general revenue account
Section 25. Act to have overriding effect.
Section 26. Contracts to cease to have effect unless ratified by the Central Government or the Government company.
Section 27. Protection of action taken in good faith.
Section 28. Delegation of powers.
Section 29. Penalties
Section 30. Offences by companies.
Section 31. Power to make rules
Section 32. Power to remove difficulties.
Section 33. Repeal and saving.

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