Bare ActsThe Talcher Thermal Power Station (Acquisition and Transfer) Act, 1994

Section 5

Amendment status not verified — confirm the current text below against the official source.

( I ) T ~ B Power station-veitcd in t h e State Governmsnt under section 3 shale the Power on such date as the State Government may, by. notification, specify in this behalf Station in vest i n the'corporation free from call- encumbrknces and thereafter,, the Corporation 'he Gorp* skill become the owner of the Power Station: ' tiop Provided that no such notifiation shall be made unleis a resolution .paised . by the Corpo: ation for the purpose,in conformity with the. provision^ of this Act is communicated to, the State,Government. > , - , (2) Land 'measuring 216-02 - acres aquired for Ash Pond in Talcher, in 'the . district of-Angul, shaII stand transferred to the Corporation, free from A1 encum- brances, afterdue. physical possession of the-land. ,' s t a 4 . 6. No liability of the Board ia relation to the Power Station incarred pr!or 'Gowrnrncnt . or =orPo- to 4 the appointe'd 'day and ,no award, dedree of order of any court, tribunal ralion nor to or other authority in relation to the Power Station passed afterr the appoinled &y be IiabIe, for in re,pect of, any matter, claim or dispute which arose before ,that day, shall & priorliablll- enforeable against the Corporation. IleL 'CRAPTER Iu ' , - , . PAYMENT OF AMOUNT , . pgymeot ot

Section 5 – The Talcher Thermal Power Station (Acquisition and Transfer) Act, 1994 | DailyLaw.ai