Bare Acts
The Kerala Spinners, Alappuzha(Acquisition and Transfer of Undertaking)Act 2010(4 of 2010)
kerala · 2010
Chapter Chapter I
S. 1
Short title and commencement
S. 2
Definitions
Chapter Chapter II
S. 3
Acquisition of rights of owners in respect of sick textile undertaking
S. 4
General effect of Vesting
S. 5
Owner to be liable for certain prior liabilities
S. 6
State Textile Corpo'atioh tç' form subsidiary corporations
Chapter Chapter II
S. 7
Shares to be issued by the State Textile Corporation for the value of the assets transferred to it by State Government
Chapter Chapter III
S. 8
Payment of amount to owners of the sick textile undertaking
S. 9
Payment of further amount
S. 10
Managements- etc
Chapter Chapter IV
S. 11
Duty of persons in charge of management of the sick textile undertaking to deliver all assets etc.
S. 12
Accounts
Chapter Chapter V
S. 13
Employment of certain employees to continue
S. 14
Provident fhwid and other jund'i
Chapter Chapter V
S. 15
Transfer of employees to Subsidiary Textile Corporation
Chapter Chapter VI
S. 16
Appointment of Commissioner of Payments
S. 17
Payment by State Government to the Commissioner
S. 18
Claims to be made to the Commissioner
S. 19
Priority of claims
S. 20
Examination of claims
S. 21
Admission or rejection of the claims
S. 22
Disbursement of money by the Commissioner to claimants
S. 23
Disbursement ofimount to %fhe owner of sick textile undertaking
S. 24
Undisbursed or u'1aimed amounts to be deposited to the general revenue accounl
Chapter Chapter VII
S. 25
Assumption of liability
S. 26
Act to over-ride all other enactments
S. 27
Contracts to cease to have effect unless ratified by State Textile Corporation
S. 28
PenaWes
S. 29
Offenes by compantes--(1) Where aoffénce n4er'th&Act has ' been-committed
Chapter Chapter VII
S. 30
Protection of action taken in good faith
S. 31
Delegation of powers
S. 32
Power to remove difficulties
S. 33
Declaration as to the policy of the State
S. 34
Power to make rulës
Chapter Chapter VII
S. 35
Repeal and Saving
S. 42
Explanation:—In this 'section "tatehas the samà meaning as in Article 12 of the Constitution
S. 43
The First Schedule • &00024 [Se2 sections 2(g), 2(j), 4(5) and 81 Na,n' of the