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

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.
1981
  • PAYMENT OF AMOUNTS

  • 7
     Payment of amount
  • 8
     Payment of further amount
  • MANAGEMENT, ETC., OF THE UNDERTAKINGS OF THE COMPANY

  • 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
  • PROVISIONS RELATING TO THE EMPLOYEES OF THE COMPANY

  • 12
     Employment of certain employees to continue
  • 13
     Provident fund and other funds
  • COMMISSIONER OF PAYMENTS

  • 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
  • MISCELLANEOUS

  • 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