The Telangana Road Development Corporation Act, 1998.
telangana · 1998
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1The Andhra Pradesh Road Development Corporation Act, 1998 received the assent of the Governor on the 31st December, 199
- S. 2Section defines key terms like "Corporation," "Government," and "Local Authority" for the Telangana Road Development Corporation Act.
- S. 3Substituted by Act No
- S. 4(1) The Corporation shall consist of the following members, namely:- 7[(a) Person to be appointed by the Governmen
- S. 5Substituted by G
- S. 6Section 6 outlines the meeting procedures and quorum requirements for the Telangana Road Development Corporation.
- S. 7Substituted by Act No
- S. 8Substituted by Act No
- S. 9Section 9 outlines the Corporation's responsibility for interest payments, government's direction power, and land acquisition authority for the Act's purposes.
- S. 10See now the Companies Act 2013 (Central Act 18 of 2013)
- S. 11Section 11 details the appointment and conditions of service for officers and employees deputed to the Telangana Road Development Corporation.
- S. 12Section 12 prohibits individuals with prior contracts or employment ties with the Corporation from becoming its officers or servants.
- S. 13Section 13 requires the Chairman or Vice-Chairman to authenticate Corporation proceedings and the Managing Director to authenticate orders and instruments.
- S. 14Section 14 allows the government to transfer control of certain roads to the Telangana Road Development Corporation.
- S. 15Section 15 transfers government assets, liabilities, contracts, and capital expenditure to the Telangana Road Development Corporation upon notification.
- S. 16Section 16 outlines the functions of the Telangana Road Development Corporation, including road development, maintenance, management, and related services.
- S. 17Section 17 grants the Telangana Road Development Corporation broad powers to manage its functions, including property acquisition, environmental protection, and consulting services.
- S. 18The Corporation shall pay any interest due on the borrowed money from the Corporation Fund
- S. 19The section allows the government to issue necessary directions to the corporation for executing its duties under the Act.
- S. 20Section 20 allows the government to compulsorily acquire land for the corporation's purposes under the Land Acquisition Act.
- S. 21Section 21 allows the government to transfer lands to the Corporation for road development, except reserved forests, with conditions.
- S. 22Section 22 allows the Corporation to sell, lease, or dispose of its property as needed for the Act's purposes.
- S. 23All property, fund and other assets vesting in the Corporation shall be held and applied by it, for the purposes of th
- S. 24Section 24 establishes the fund for the Telangana Road Development Corporation, detailing its sources and management.
- S. 25The section authorizes the government to fund the Corporation for its operations without charging interest on the capital contribution.
- S. 26Section 26 authorizes the government to provide grants, loans, and advances to the corporation for its functions.
- S. 27Section 27 allows the Telangana Road Development Corporation to borrow funds for resources, up to ₹100 crores unless the government sets a higher limit.
- S. 28Section 28 allows the Corporation to accept deposits under its own conditions from those involved in property transactions under the Act.
- S. 29Section 29 authorizes the Corporation to spend funds as deemed fit for authorized purposes from its designated funds.
- S. 30Section 30 allows the Corporation to spend funds on authorized objects other than roads, treating it as common expenditure.
- S. 31Section 31 mandates the Telangana Road Development Corporation to manage and reserve funds as directed by the Government, with strict approval for any other uses.
- S. 32Section 32 mandates the Managing Director to present annual budget estimates to the Corporation, detailing proposed projects, liabilities, and financial performance.
- S. 33Section 33 authorizes the Corporation to approve budget estimates submitted to it, with possible modifications.
- S. 34The section allows the government to guarantee repayment and interest on loans given to the Corporation.
- S. 35Section 35 ensures net profits from road development credit to the Corporation, while net deficits are borne by the Government.
- S. 36Section 36 adjusts the capital cost by adding expenses and reducing it with receipts if the Corporation incurs a deficit.
- S. 37Section 37 allows the Corporation to create a depreciation fund at rates specified by the Comptroller and Auditor General, with government consultation.
- S. 38Section 38 mandates the Corporation to submit annual financial statements and work programs to the Government for approval and requires reporting of budget changes.
- S. 39Section 39 mandates the Telangana Road Development Corporation to maintain and audit its accounts, and submit them to the government for legislative review.
- S. 40Section 40 allows the government to mandate concurrent or special audits of the corporation's accounts.
- S. 41The Corporation must submit an annual report to the Government detailing its road development activities and other operations.
- S. 42Section 42 mandates that all property contracts or assurances by the Corporation must be in writing and follow specified regulatory procedures.
- S. 43Section 43 imposes penalties for violating the Telangana Road Development Corporation Act, including imprisonment or fines.
- S. 44Section 44 allows authorized Corporation officers to enter land for lawful works or surveys.
- S. 45Section 45 mandates that all dues to the Corporation are recoverable as land revenue arrears.
- S. 46Section 46 specifies the methods for serving notices and documents on various entities under the Telangana Road Development Corporation Act, 1998.
- S. 47Section 47 mandates public notices under the Act to be signed, widely publicized, and posted in affected areas.
- S. 48Section 48 mandates that any notice or order must specify a reasonable time for compliance if no time is fixed in the Act or rules.
- S. 49Section 49 allows the government to give the Corporation a chance to correct defaults and reconstitute it if it fails.
- S. 50Section 50 holds company officers and directors liable for corporate offenses, unless they prove lack of knowledge or due diligence.
- S. 51Section 51 restricts court cognizance of offences against Corporation property to complaints from the Corporation or authorized persons.
- S. 52Section 52 allows the Corporation or its authorized person to settle offenses under the Act, leading to offender's release if in custody.
- S. 53Section 53 penalizes obstruction or molestation of authorized persons entering land for road development under the Act.
- S. 54Section 54 allows the Telangana Road Development Corporation to delegate its powers to government officers, with government approval.
- S. 55Section 55 protects good faith actions under the Act from legal proceedings.
- S. 56Section 56 deems Corporation officials acting under the Act as public servants under the Indian Penal Code.
- S. 57(1) The State Government may, by notification in the 11Telangana Gazette, make rules to carryout the purposes of this
- S. 58Section 58 authorizes the Corporation to create regulations with government approval for its powers and functions.
- S. 59Section 59 allows the government to issue orders to resolve ambiguities in implementing the Act.
- S. 60Section 60 allows the government to dissolve the Telangana Road Development Corporation when its objectives are achieved.
- S. 61The Andhra Pradesh Road Development Corporation Ordinance, 1997 is hereby repealed
- S. 1998(ACT NO