The Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act
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
List of Chapters & Sections
PRELIMINARY
ACQUISITION AND TRANSFER OF THE UNDERTAKINGS OF THE COMPANY
PAYMENT OF AMOUNTS
MANAGEMENT, ETC., OF THE UNDERTAKINGS OF THE COMPANY
PROVISIONS RELATING TO THE EMPLOYEES OF THE COMPANY
COMMISSIONER OF PAYMENTS
MISCELLANEOUS
PRELIMINARY
ACQUISITION AND TRANSFER OF THE UNDERTAKINGS OF THE COMPANY
3Transfer to, and vesting in, the Central Government of the undertakings of the Company4General effect of vesting5Central Government or Cement Corporation not to be liable for prior liabilities6Power of Central Government to direct vesting of the undertakings of the Company in Cement CorporationPAYMENT OF AMOUNTS
MANAGEMENT, ETC., OF THE UNDERTAKINGS OF THE COMPANY
PROVISIONS RELATING TO THE EMPLOYEES OF THE COMPANY
COMMISSIONER OF PAYMENTS
14Appointment of Commissioner of Payments15Payment by the Central Government to the Commissioner16Certain powers of the Central Government or Cement Corporation17Claims to be made to the Commissioner18Priority of claims19Examination of claims20Admission or rejection of claims21Disbursement of money by the Commissioner to claimants22Disbursement of amounts to the Company23Undisbursed or unclaimed amount to be deposited to the general revenue accountMISCELLANEOUS
24Act to have overriding effect25Contracts to cease to have effect unless ratified by Central Government or Cement Corporation26Protection of action taken in good faith27Delegation of Powers28Penalties29Offences by companies30Power to make rules31Power to remove difficulties32Repeal and saving