The Maharashtra Textile Companies (Acquisition and Transfer of Undertakings) Act, 1982.
maharashtra · 1982
- S. 1Short title and commencement.
- S. 2Definitions.
- S. 3Acquisition and transfer of rights of Textile Companies in respect of their undertakings.
- S. 4General effect of vesting.
- S. 5Duty to deliver possession of undertakings and documents relating thereto.
- S. 6Duty to furnish particulars.
- S. 7Shares to be issued by State Textile Corporation for the value of assets transferred to it by State Government.
- S. 8Payment of amount for acquisition.
- S. 9Management and administration of undertakings.
- S. 10Employment of certain employees of companies to continue under Corporation.
- S. 11Penalties.
- S. 12Offences by companies.
- S. 13Protection of action taken in good faith.
- S. 14Power to remove difficulties.
- S. 15Repeal and saving.