Maharashtra Textile Companies (Acquisition and Transfer of Undertakings) Act, 1982
Bare Act · 1982
- Act number
- 33 of 1982
- Enacted
- 14 October 1982
- Contents
- 15 sections
The first 5 sections are free to read. Sign in free to read the rest.
Contents
- Section 1 – Short title and commencement
- Section 2 – Definitions
- Section 3 – Acquisition and transfer of rights of Textile Companies in respect of their undertakings
- Section 4 – General effect of vesting
- Section 5 – Duty to deliver possession of undertakings and documents relating thereto
- Section 6 – Duty to furnish particulars (preview)
- Section 7 – Shares to be issued by State Textile Corporation for the value of assets transferred to it by State Government (preview)
- Section 8 – Payment of amount for acquisition (preview)
- Section 9 – Management and administration of undertakings (preview)
- Section 10 – Employment of certain employees of companies to continue under Corporation (preview)
- Section 11 – Penalties (preview)
- Section 12 – Offences by companies (preview)
- Section 13 – Protection of action taken in good faith (preview)
- Section 14 – Power to remove difficulties (preview)
- Section 15 – Repeal and saving (preview)