The Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982
The Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982 is an Indian law that outlines the acquisition and transfer of the Andhra Scientific Company Limited undertaking to the government.
"Andhra Scientific Company Limited Acquisition Transfer Undertakings Compensation Government Management"
Summary
The Andhra Scientific Company Limited (Acquisition and Transfer of Undertakings) Act, 1982 was enacted to transfer the undertaking of the Andhra Scientific Company Limited to the government. The act outlines the procedures for the acquisition and transfer of the undertaking, the compensation for the same, and the appointment of officers and employees to manage the transferred undertaking. The Act aims to promote public interest and ensure the efficient management of the undertaking.
Table of Contents
Showing up to 15 sections
| # | Section | Link |
|---|---|---|
| 1 | Section 1: Short Title And Commencement | Open |
| 2 | Section 2: Definitions | Open |
| 3 | Section 3: Transfer To, And Vesting In, The Central Government Of The Undertakings Of The Company | Open |
| 4 | Section 4: General Effect Of Vesting | Open |
| 5 | Section 5: Company To Be Liable For Certain Prior Liabilities | Open |
| 6 | Section 6: Power Of Central Government To Direct Vesting Of The Undertakings Of The Company In A Government Company | Open |
| 7 | Section 7: Payment Of Amount | Open |
| 8 | Section 8: Payment Of Further Amounts | Open |
| 9 | Section 9: Management, Etc, Of The Undertakings Of The Company | Open |
| 10 | Section 10: Duty Of Persons In Charge Of Management Of The Undertakings Of The Company To Deliver All Assets, Etc | Open |
| 11 | Section 11: Duty Of Persons To Account For Assets, Etc, In Their Possession | Open |
| 12 | Section 12: Accounts And Audit | Open |
| 13 | Section 13: Continuance Of Employees | Open |
| 14 | Section 14: Provident Fund And Other Funds | Open |
| 15 | Section 15: Appointment Of Commissioner Of Payments | Open |
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