The Talcher Thermal Power Station (Acquisition and Transfer) Act, 1994
odisha · 1995
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1f I! Thia Ant r ~ a y bc called the Talcher marma1 Power Station (Acquisition and md Trauafer) Act
- S. 2Section 2 replaces a previous section to transfer ownership of the Talcher Thermal Power Station.
- S. 3Section 3 transfers ownership and rights of the Talcher Thermal Power Station to the State Government.
- S. 4Section 4 transfers all assets and rights of the Talcher Thermal Power Station to the State of Orissa, ensuring pending legal proceedings remain unaffected.
- S. 5Section 5 transfers ownership of the Talcher Thermal Power Station and its land to the corporation, effective from a specified date.
- S. 6State Government of the Cornor
- S. 7For the transfer to; and
- S. 8Section 8 specifies the payment terms for transferring ownership of the Talcher Thermal Power Station to the Corporation.
- S. 9( I ) Any person has, on- the appointed day, in his posreision-or under
- S. 11( I ) Eveflcrnployee of the Power Station absorbcdin thecorporation shall Con:Itio~ of- or hold office
- S. 12Any "perion ,who was on deputation to the Pow6 Station from -any
- S. 13"18
- S. 14Section 14 prohibits employee compensation claims for transfer to the Corporation and transfers funds to the new entity.
- S. 15Tran~fer of provident fund money to tho Corporation CHAPTER VI DETERMINATION OF PAYMENT BY mE STATE G0YERNME
- S. 16(1) The State Oovcrmept shall
- S. 17Section 17 mandates the Commissioner to determine the acquisition amount payable by the State Government to the Board within six months of a specified notification.
- S. 18Section 18 overrides any conflicting laws or decrees for the Act's provisions.
- S. 19Any person wh-o- , , (a) having in his possesqion, custody or control any property forming part of the Power
- S. 20Section 20 holds individuals responsible for offenses committed by the Board or company, with specific liability for directors, managers, and officers.
- S. 21—
- S. 22(1) The Slate Government may, by- notification, make rules, for carrying dccrulcs
- S. 23Power to remove diaulties '-
- S. 33(1) 1f any difficulty arises in giving 'effect to the provisions of this Act,
- S. 1995—