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The National Iron and Steel Company Limited (Acquisition and Transfer of Undertakings) Act, 1984.

33 sections · 7 chapters · 1 schedules

Preamble
- Section 1 (1) This Act may be called the National Iron and Steel Company Limited (Acquisition and Transfer of Undertakings) Act, 1984.
- Section 2 In this Act, unless the context otherwise requires,
- Section 8 For the transfer to, and vesting in, the State Government, under section 3, of the undertakings of the Company and the right, title and interest of the Company in relation to its undertakings, there shall be given by the State Government to the Company in the manner specified in Chapter VI an amount of rupees twenty-three lakhs and twenty-two thousand.
- Section 9 (1) For the deprivation of the Company of the management of
- Section 13 (1) Every person who has been, immediately before the appointed day, employed in any of the undertakings of the Company shall become,
- Section 14 by any court, tribunal or other authority.
Schedule (See sections 19, 20, 21 and 23.) Order of priorities for the discharge of the liabilities of the Company

THE NATIONAL IRON AND STEEL COMPANY LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1984.

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The National Iron and Steel Company Limited (Acquisition and Transfer of Undertakings) Act, 1984.
Chapter VII

Chapter VII

Miscellaneous

Sections in this chapter

Section 25 — The provisions of this Act shall have effect notwithstanding anything inconsistent therewith contained in any other law for the time being in force or in any instrument having effect by virtue of any law other than this Act, or in any decree or order of any court, tribunal or other authority.
Section 26 — other authority.
Section 27 — Contracts to cease to have effect unless ratified by the State Government or existing, or new, Government company.
Section 28 — Penalties.
Section 29 — (1) Where an offence under this Act has been committed by a
Section 30 — Protection of action taken in good faith.
Section 31 — this Act.
Section 32 — (1) The State Government may, by notification, make rules
Section 33 — If any difficulty arises in giving effect to the provisions of this Act, the State Government may, by order, not inconsistent with the provisions of this Act, remove the difficulty:

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