Commonwealth Trust, Kozhikode (Acquisition and Transfer of Undertaking) Act, 2012
kerala · 2012
Chapter Chapter I
Chapter Chapter II
- S. 3Acquisition of rights of owner in respect of the undertaking.--
- S. 4General effect of vesting.--
- S. 5Owner to be liable for certain prior liabilities.--
- S. 6State Industrial Development Corporation to form subsidiary corporations.--
- S. 7Shares to be issued by the State Industrial Development Corporation for the value of the assets transferred to it by Government.--
Chapter Chapter III
Chapter Chapter IV
Chapter CHAPTER V
Chapter Chapter VI
- S. 17Appointment of Commissioner of Payments.--
- S. 18Payment by the Government to the Commissioner.--
- S. 19Claims to be made to the Commissioner.--
- S. 20Priority of claims.--
- S. 21Examination of claims.--
- S. 22Admission or rejection of the claims.--
- S. 23Disbursement of money by the Commissioner to claimants.--
- S. 24Disbursement of amounts to the owner of the undertaking.--
- S. 25Undisbursed or unclaimed amounts to be deposited to the general revenue account.--
Chapter Chapter VII
- S. 26Assumption of liability.--
- S. 27Act to over-ride all other enactments.--
- S. 28Contracts to cease to have effect unless ratified by the State Industrial Development Corporation.--
- S. 29Penalties.--
- S. 30Offences by companies.--
- S. 31Protection of action taken in good faith.--
- S. 32Delegation of powers.--
- S. 33Power to remove difficulties.--
- S. 34Declaration as to the policy of the State.--
- S. 35Power to make rules.--