The Odisha Industrial Infrastructure Development Corporation Act, 1980
odisha · 1981
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1Omitted by the O ~ S R
- S. 2Section 2 defines key terms used in the Odisha Industrial Infrastructure Development Corporation Act, 1980.
- S. 3Section 3 establishes the Orissa Industrial Infrastructure Development Corporation to promote industrial growth in Odisha.
- S. 4Section 4 establishes the Board of Directors to oversee and manage the Odisha Industrial Infrastructure Development Corporation, with specific government officials and industry experts as members.
- S. 5A person sh::ll be disqu@ifie for bing
- S. 7Section 7 outlines the procedure for Board meetings and disqualification of directors involved in certain contracts or convicted of offenses.
- S. 9Any d v a m in' the Board shall befrlled is ur1y as pract~cdda Wed
- S. 11Section 11 states that any irregularity in appointing the Chairman or a Director does not invalidate Board actions.
- S. 12Section 12 outlines the appointment and conditions of service for the Managing Director and other officers of the Odisha Industrial Infrastructure Development Corporation.
- S. 14The functions of the Corporation shall be:- FnnctIon
- S. 15Subject to the provisions
- S. 16AU permissions, orders,
- S. 19All property, fund and
- S. 20The Corporation
- S. 21The Odisha Industrial Infrastructure Development Corporation Act, 1980 allows the State Government to provide grants, loans, and advances to the Corporation as needed.
- S. 22Section 22 allows the Odisha Industrial Infrastructure Development Corporation to borrow funds and issue bonds, subject to state government approval and conditions.
- S. 23The Corporation may accept deposits on such terms and conditidns as it DePOBiQ deems fit from
- S. 25Section 25 authorizes the Odisha Industrial Infrastructure Development Corporation to spend funds and provide loans to local authorities and public undertakings for industrial projects.
- S. 26(:) The Corporatjon shall, by
- S. 27Section mandates the Corporation to maintain accounts, have them audited by a state-appointed auditor, and submit reports to the state government and legislature.
- S. 28Section 28 allows the State Government to mandate concurrent audits of the Corporation's accounts and apply the Orissa Public Premises (Eviction of Unauthorised Occupants) Act, 1972 to Corporation premises.
- S. 29Application of Orissa Public Premises (Eviction) Act, 1972, to Corporation ~ ~ j i ~ i l -
- S. 30Nou-applicability of certain Acts
- S. 31Acquisition of land i ~ ~ ) i J n ~ ~ l i l ~ t ~ - , t ~ l t 1 i i 6 I I ~ ~ : u ~ ~ ~ , ~ I I ~ I ~ ~ ~ ~ ~ ~ 1
- S. 33( I ) Subjcct Lo any directions given by the Statc Governmenr the corporatioh ptpi&:!:na may disposc
- S. 34Acquisition of unutilised
- S. 35Section 35 empowers the Odisha Industrial Infrastructure Development Corporation to serve notices for land development and amenity provision, and to undertake such works if not fulfilled by the owner.
- S. 36Order of demolition of building 101l1t l l t l % , I - t / t ~ l i:,i>~i,;:~~iV
- S. 37Power to stop building operatims , I
- S. 38Penally for construction of use of lard and buildinge contrary to terms of holding
- S. 39Power to lay - pipalines, ate
- S. 40Any Officer of the Statc Government, any Director of the Board, and any person enw
- S. 41The State Government may, by notification, nominate any officcr of the Cort thecorpora
- S. 42Section 42 allows the State Government to direct local authorities to grant industrial amenities under certain conditions, overriding local refusals or unreasonable conditions.
- S. 43Restriction of lcase permission in adjoining art&,-* c e d n ms$ ,
- S. 45(1) All noti=er,'brdeq a d othir dd&&Pt r{$ujkd;by this ~ c t : ~ r a & rvls or g!'
- S. 46Section 46 mandates public notices under the Odisha Industrial Infrastructure Development Corporation Act to be published in various ways to ensure affected localities are informed.
- S. 47Notices
- S. 48Fomisbing of returns, etc
- S. 49~ $ 2 St& Gbvkinmcnt nihy b y nokfi&n ' hnd subject
- S. 50Section 50 allows the State Government to remove industrial estates from the Corporation's jurisdiction if the estate's purpose has been substantially achieved.
- S. 51Section 51 allows the State Government to fix a performance period and reconstitute the Board if it defaults or neglects duties under the Act.
- S. 52(1) Where the Stale Government is safiskd that the'p~rposes for which af Cor~o- the ,Corporation was
- S. 53Section 53 restricts courts from taking action on offenses against the Corporation without Board's complaint or information.
- S. 54(1) The Board or aoy person authorised by the Board by general or special rrooo~ 1 1
- S. 55Section 55 of the Odisha Industrial Infrastructure Development Corporation Act, 1980 holds the company and its responsible officers liable for offences committed by the company, unless the officer proves lack of knowledge and due diligence.
- S. 56—
- S. 57—
- S. 58—
- S. 59—
- S. 60—
- S. 61Section 61 deems directors, officers, and staff of the Odisha Industrial Infrastructure Development Corporation to be public servants under the Indian Penal Code.
- S. 62Section 62 overrides conflicting provisions in any other law for the Odisha Industrial Infrastructure Development Corporation Act, 1980.
- S. 63power^ to rtmovo doubta and Ujflicultios