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Bare Acts

The British India Corporation Limited (Acquisition of Shares) Act, 1981

Central · 1981

  • S. 1Short title and commencement.
  • S. 2Definitions.
  • S. 3Transfer and vesting of shares of the Company in the Central Government.
  • S. 4Management of the Company.
  • S. 5Payment of amounts.
  • S. 6Appointment of Commissioner of Payments.
  • S. 7Payment by the Central Government to the Commissioner.
  • S. 8Claims to be made to the Commissioner.
  • S. 9Examination of claims.
  • S. 10Admission or rejection of claims.
  • S. 11Disbursement of money by the Commissioner to claimants.
  • S. 12Undisbursed or unclaimed amount to be deposited to the general revenue account.
  • S. 13Power of inspection.
  • S. 14Power of Commissioner to inquire into disputes as to amount.
  • S. 15Deposit of amount in court.
  • S. 16Act to have overriding effect.
  • S. 17Penalties.
  • S. 18Offences by companies.
  • S. 19Limitation of cognizance of offences.
  • S. 20Power to make rules.
  • S. 21Repeal and saving.
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