The National Dairy Development Board Act, 1987
Central · 1987
- S. 1Short title and commencement.
- S. 2Declaration of National Dairy Development Board as an institution of national importance.
- S. 3Definitions.
- S. 4Incorporation of National Dairy Development Board.
- S. 5Vesting of undertakings of Indian Dairy Corporation in National Dairy Development Board and dissolution of Indian Dairy Corporation.
- S. 6Effect of incorporation of National Dairy Development Board.
- S. 7Saving of legal proceedings.
- S. 8Management of National Dairy Development Board and composition of its Board of Directors.
- S. 9Terms of office and conditions of service, etc., of Chairman and directors.
- S. 10Meetings of Board.
- S. 11Manner of transacting business of Board.
- S. 12Management committees.
- S. 13Allowances, etc., of members of management committees.
- S. 14Delegation of powers to management committees, etc.
- S. 15Delegation of powers to whole-time directors, etc.
- S. 16Powers and functions of National Dairy Development Board.
- S. 17Provisions regarding members of board of society and directors of dissolved company.
- S. 18Provisions relating to officers and other employees of society and of dissolved company.
- S. 19Power of Board to restructure and streamline organisational and functional set-up of National Dairy Development Board to secure utmost efficiency in functioning.
- S. 20Schemes regarding compensation to redundant employees, etc.
- S. 21Compensation for transfer of employees not payable.
- S. 22Provident fund, gratuity, welfare and other funds.
- S. 23Borrowing powers of Board.
- S. 24Grants and loans by Central Government.
- S. 25Grants, donations, etc.
- S. 26National Dairy Development Board Fund.
- S. 27Preparation of accounts and balance-sheet.
- S. 28Audit.
- S. 29Reports to be laid before Parliament.
- S. 30Power to call for repayment before agreed period.
- S. 31Special provisions for enforcement of claims by National Dairy Development Board.
- S. 32Defects in appointments not to invalidate acts, etc., of Board.
- S. 33Protection of acts done in good faith.
- S. 34Indemnity of directors.
- S. 35Obligation as to fidelity and secrecy.
- S. 36Recruitment of additional officers and other employees.
- S. 37Liquidation only under orders of Central Government.
- S. 38Delegation of certain powers by Central Government.
- S. 39Transitional provisions for auditors.
- S. 40Transitional provisions with regard to Chairman and Board.
- S. 41Management or assistance to others to continue.
- S. 42Mother Dairy to be a subsidiary unit of National Dairy Development Board.
- S. 43Formation of companies with previous approval of Central Government.
- S. 44Omitted
- S. 45Returns.
- S. 46Power to make schemes and regulations regarding service matters retrospectively.
- S. 47Act to have overriding effect.
- S. 48Power to make regulations.
- S. 49Power to remove difficulties.
- S. 50Schemes and regulations to be laid before Parliament.