The Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions ActAn Act to provide for restructuring of the iron and steel companies in the public sector so as to secure better management and greater efficiency in their working and for matters connected therewith or incidental thereto.
List of Chapters & Sections
PRELIMINARY DISSOLUTION, TRANSFER AND VESTING OF UNDERTAKINGS OF CERTAIN COMPANIES TRANSFER OF SHARES PROVISIONS RELATING TO OFFICERS AND EMPLOYEES FINANCIAL PROVISIONS MISCELLANEOUS
DISSOLUTION, TRANSFER AND VESTING OF UNDERTAKINGS OF CERTAIN COMPANIES4Dissolution, transfer and vesting of undertakings of certain companies in Integral Company5Transfer and vesting of Kiriburu Iron Ore Mines, etc., in Integral Company6Transfer and vesting of Refractory Plant, etc., in the Bharat Refractories Limited7Transfer of immovable properties of Hindustan Steel Limited to Metallurgical and Engineering Consultants (India) Limited
TRANSFER OF SHARES8Transfer of shares held by Bokaro Steel Limited to Central Government9Transfer of shares held by Integral Company to Central Government10Transfer of shares held by Integral Company to Bharat Refractories Limited11Transfer of shares held by Central Government to Integral Company12Central Government, etc., deemed to be registered in the register of members of companies13Power of Central Government to modify amount of paid-up share capital of Integral Company, etc., and issue of shares
PROVISIONS RELATING TO OFFICERS AND EMPLOYEES14Provisions relating to officers and other employees of dissolved companies15Provisions relating to officers and employees of transferred units16Provisions relating to directors17Provision relating to auditors18Compensation for transfer not payable19Provident Fund20Gratuity, welfare and other funds