The State Bank of Sikkim (Acquisition of Shares) and Miscellaneous Provisions Act, 1982
Central · 1982
- S. 1Short title and commencement.
- S. 2Definitions.
- S. 3Vesting in the Central Government of certain shares of Sikkim.
- S. 4Vesting of undertaking of Sikkim Bank.
- S. 5General effect of vesting.
- S. 6Vesting of the shares and undertakings of Sikkim Bank in the State Government.
- S. 7Power of State Government to direct vesting of the undertakings of Sikkim Bank the Sikkim Co-operative bank.
- S. 8Payment of amounts.
- S. 9Management, etc., of the undertakings of Sikkim Bank.
- S. 10Date of delivery, possession of property acquired and documents relating thereto.
- S. 11Transfer of service of existing officers and employees of the Sikkim Bank to the co-operative bank.
- S. 12Act to have overriding effect.
- S. 13Protection of action taken in good faith.
- S. 14Penalties.
- S. 15Offences by companies.
- S. 16Delegation of powers.
- S. 17Power of Central Government to make rules.
- S. 18Power to remove difficulties.
- S. 19References to Sikkim Bank in other laws.
- S. 20Dissolution of Sikkim Bank.