The Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act, 1980
Central · 1980
- S. 1Short title and commencement.
- S. 2Definitions.
- S. 3Transfer to, and vesting in, the Central Government of the undertakings of the Company.
- S. 4Transfer and vesting of shares held by the Company in the specified companies.
- S. 5General effect of vesting.
- S. 6Central Government or the Government company not to liable for certain prior liabilities.
- S. 7Power of Central Government to direct vesting of the undertakings of the Company in a Government c ompany.
- S. 8Payment of amounts to the Company and specified companies.
- S. 9Management, etc., of the undertakings of the Company.
- S. 10Duty of persons in charge of management of undertakings of the Company to deliver all assets, etc .
- S. 11Continuance of employees .
- S. 12Provident fund and other funds.
- S. 13Appointment of Commissioner of Payments.
- S. 14Payment by Central Government to the Commissioner.
- S. 15Certain powers of Central Government or Government company.
- S. 16Claims to be made to the Commissioner.
- S. 17Priority of claims.
- S. 18Examination of claims.
- S. 19Admission or rejection of claims.
- S. 20Disbursement of money by Commissioner to claimants.
- S. 21Disbursement of amounts to the Company and possession of certain machinery, equipment, etc.
- S. 22Undisbursed or unclaimed amount to be deposited to the general revenue account.
- S. 23Act to have overriding effect.
- S. 24Contracts to cease to have effect unless ratified by the Central Government or Government company .
- S. 25Penalties.
- S. 26Offences by companies.
- S. 27Protection of action taken in good faith.
- S. 28Delegation of powers.
- S. 29Power to make rules.
- S. 30Power to remove difficulties.
- S. 31Repeal and saving.