Bare Acts
Air Corporations Act, 1953
Central · 1953
Chapter Section 1
S. 1
Short title and commencement
Chapter Section 2
S. 2
Definitions
Chapter Section 3
S. 3
Incorporation of the Corporations
Chapter Section 4
S. 4
Constitution of the Corporations
Chapter Section 5
S. 5
Conditions of service of [directors]
Chapter Section 6
S. 6
Vacancy in Corporation not to invalidate proceedings
Chapter Section 7
S. 7
Functions of the Corporations
Chapter Section 8
S. 8
Appointment of officers and other employees of the Corporations
Chapter Section 9
S. 9
Corporation to act on business principles
Chapter Section 10
S. 10
Capital of the Corporations
Chapter Section 11
S. 11
Vesting of properties in the Corporations
Chapter Section 12
S. 12
Funds of the Corporations
Chapter Section 13
S. 13
Powers of the Corporations in regard to expenditure
Chapter Section 14
S. 14
Corporation to assume obligations of Central Government in respect of certain matters
Chapter Section 15
S. 15
Accounts and audit
Chapter Section 1[15A
S. 15A
Audit of accounts of companies formed by Corporations
Chapter Section 16
S. 16
Undertakings of existing air companies to vest in the Corporation
Chapter Section 17
S. 17
General effect of vesting of undertakings in the Corporations
Chapter Section 18
S. 18
Reservation of scheduled air transport services to the Corporations
Chapter Section 19
S. 19
Licences to cease to be valid
Chapter Section 20
S. 20
Provisions respecting officers and employees of existing air companies
Chapter Section 21
S. 21
Duty to deliver up possession of property acquired and documents relating thereto
Chapter Section 22
S. 22
Duty of existing air companies to supply particulars
Chapter Section 23
S. 23
Right of Corporations to disclaim certain agreements
Chapter Section 24
S. 24
Transactions resulting in dissipation of assets
Chapter Section 25
S. 25
Compensation to be given for compulsory acquisition of undertaking
Chapter Section 26
S. 26
Constitution of special Tribunal to determine compensation
Chapter Section 27
S. 27
Mode of giving compensation
Chapter Section 28
S. 28
Winding up of existing company whose undertaking has been acquired
Chapter Section 29
S. 29
Authorisation under section 28 may contain certain directions
Chapter Section 30
S. 30
Constitution of Air Transport Council
Chapter Section 31
S. 31
Functions of the Air Transport Council
Chapter Section 32
S. 32
Staff of the Council
Chapter Section 33
S. 33
Proceedings of the Council
Chapter Section 34
S. 34
Power of Central Government to give directions
Chapter Section 35
S. 35
Prior approval of Central Government necessary in certain cases
Chapter Section 36
S. 36
Submission of programme of work for each year
Chapter Section 37
S. 37
Submission of Annual Reports to Parliament
Chapter Section 38
S. 38
Corporations to act in mutual consultation.
Chapter Section 39
S. 39
Transfer of scheduled air transport services or assets from one Corporation to the other
Chapter Section 40
S. 40
Corporations may delegate their powers
Chapter Section 41
S. 41
Advisory and Labour Relations Committees
Chapter Section 42
S. 42
Meetings of the Corporation
Chapter Section 43
S. 43
Penalty for wrongful withholding of property
Chapter Section 44
S. 44
Power to make rules
Chapter Section 45
S. 45
Power of Corporations to make regulations