The Industries (Development and Regulation) Act `1951An Act to provide for the development and regulation of certain industries.
List of Chapters & Sections
All sections1Short title, extent and commencement2Declaration as to expediency of control by the Union3Definitions4[Omitted.]5Establishment and constitution of Central Advisory Council and its functions6Establishment and constitution of Development Councils and their functions7Reports and accounts of Development Councils8Dissolution of Development Councils9Imposition of cess on scheduled industries in certain cases10Registration of existing industrial undertakings10ARevocation of registration in certain cases11Licensing of new industrial undertakings11ALicence for producing or manufacturing new articles11BPower of Central Government to specify the requirements which shall be complied with by small scale industrial undertakings12Revocation and amendment of licences in certain cases13Further provision for licensing of industrial undertakings in special cases14Procedure for the grant of licence or permission15Power to cause investigation to be made into scheduled industries or industrial undertakings15APower to investigate into the affairs of a company in liquidation16Powers of Central Government on completion of investigation under section 1517[Omitted.]18Power of person or body of persons appointed under section 15 to call for assistance in any investigation18APower of Central Government to assume management or control of an industrial undertaking in certain cases18AAPower to take over industrial undertakings without investigation under certain circumstances18BEffect of notified order under section 18A18CContracts in bad faith, etc., may be cancelled or varied18DNo right to compensation for termination of office or contract18EApplication of Act 7 of 191318FPower of Central Government to cancel notified order under section 18A18FAPower of Central Government to authorise, with the permission of the High Court, persons to take over management or control of industrial undertakings18FBPower of Central Government to make certain declarations in relation to industrial undertakings, the management or control of which has been taken over under section 18A, section 18AA or section 18FA18FCPower of Central Government to call for report on the affairs and working of managed company18FDDecision of Central Government in relation to managed Company18FEProvisions where Government decides to follow the course of action specified in section 18FD (1)18FFProvisions where Government decides to follow the course of action specified in section 18FD (2)18FGPreparation of inventory of assets and liabilities and list of members and creditors of managed company18FHStay of suits and other proceedings18GPower to control supply, distribution, price, etc., of certain articles19Powers of inspection20General prohibition of taking over management or control of industrial undertakings21Certain administrative expenses of Development Councils to be paid from moneys provided by Parliament22Power of the Central Government to issue directions to Development Council23Decision of Central Government final respecting certain matters24Penalties24APenalty for false statements25Delegation of powers26Power to issue directions27Cognizance of offences28Burden of proof in certain cases29Jurisdiction of courts29ASpecial provision regarding fines29BPower to exempt in special cases29CProtection of action taken under the Act29DDebts incurred by the authorised person to have priority29EValidation30Power to make rules31Application of other laws not barred32[Repealed.]