The Road Transport Corporations Act, 1950
Central · 1950
- S. 1Short title, extent and commencement.
- S. 2Definitions.
- S. 3Establishment of Road Transport Corporations in the States.
- S. 4Incorporation.
- S. 5Management of Corporation and Board of Directors.
- S. 6Disqualifications for being chosen as, or for being, a Director of a Corporation.
- S. 7Resignation of office by the Chairman or a Director.
- S. 8Removal of Chairman and members from office.
- S. 9Vacancies amongst members or defect in the constitution not to invalidate acts or proceedings of a Corporation.
- S. 10Temporary association of persons with a Board for particular purposes.
- S. 11Meetings of Boards.
- S. 12Power to appoint committees and delegate functions.
- S. 13Authentication of orders and other instruments.
- S. 14Officers and servants of the Corporation.
- S. 15Managing Director, Chief Accounts Officer and Financial Adviser.
- S. 16General disqualification of all officers and servants.
- S. 17Appointment of Advisory Council.
- S. 17AEstablishment of subsidiary corporations.
- S. 18General duty of Corporation.
- S. 19Powers of Corporation.
- S. 19ADisposal of unclaimed articles and property.
- S. 19BCorporation to obtain the approval of the Central Government in certain cases.
- S. 20Extension of the operation of the road transport service of a Corporation to areas within another State.
- S. 21Carriage of mails.
- S. 22General principle of Corporation’s finance.
- S. 23Capital of the Corporation.
- S. 24Additional capital of the Corporation.
- S. 25Guarantee by the State Government.
- S. 26Borrowing powers.
- S. 27Fund of the Corporation.
- S. 28Payment of interest and dividend.
- S. 29Provision for depreciation and reserve and other funds.
- S. 30Disposal of net profits.
- S. 31Power of the Corporation to spend.
- S. 32Budget.
- S. 33Accounts and audit.
- S. 34Directions by the State Government.
- S. 35Returns and reports.
- S. 36Power to order inquiries.
- S. 37Power to control a part of the undertaking of a Corporation.
- S. 38Power to supersede a Corporation.
- S. 39Liquidation of a Corporation.
- S. 40Compensation for acquisition of road transport undertakings.
- S. 41Omitted .
- S. 42Power of entry.
- S. 43Directors, Officers and other employees of a Corporation to be public servants.
- S. 44Power to make rules.
- S. 45Power to make regulations.
- S. 45AEvery rule and regulation to be laid before State Legislature.
- S. 46Penalty for breach of rules.
- S. 47Special provisions relating to Bombay.
- S. 47ASpecial provision for reconstitution or dissolution of certain Corporations.
- S. 48Transitional provision relating to Bombay State Road Transport Corporation.
- S. 49Prosecution and cognizance of offences.
- S. 50Appointment of Magistrates.
- S. 51Composition of offences.
- S. 52Limitation of time for prosecution.
- S. 53Power of magistrate to hear cases in absence of accused when summoned to appear.