The Barakar Electric Supply Installations Acquisition Act, 1981
west-bengal · 1981
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1(1) This Act may be called the Barakar Electric Supply Shorttitle Installations Acquisition Act, 1981
- S. 2In this Act, unless the context otherwise requires,— Definitions
- S. 3Section 3 transfers Barakar Electric Supply installations and ownership to the State Government, then to the Board.
- S. 4Section 4 frees acquired property from all encumbrances and requires delivery of possession and related documents to the Board.
- S. 5(1) For the transfer and vesting of the property under section 3, a mo Paym unt
- S. 6The Board can deduct losses caused by the owner's actions from the compensation payable under the Act.
- S. 7Section 7 allows the Board to deduct various dues from the gross amount payable to the owner under the Act.
- S. 8Section 8 details the process for determining and disputing the net amount payable to the owner by the Board under the Barakar Electric Supply Installations Acquisition Act.
- S. 9Section 9 mandates delivery of transferred assets to the Board and accountability for related documents.
- S. 10Section 10 regulates the employment terms for former employees of the property after acquisition by the Board.
- S. 11Section 11 allows authorized Board employees to enter and inspect any land or premises for the Act's purposes after giving notice.
- S. 12Section 12 penalizes wrongful possession, withholding, or destruction of assets or documents related to the acquired property, with imprisonment and fines.
- S. 13Section 13 holds company officers liable for offenses committed by the company, with exceptions for lack of knowledge or due diligence.
- S. 14Section protects the State Government, Board, and employees from legal actions for actions taken in good faith under the Act.
- S. 15Section 15 overrides any conflicting laws, instruments, decrees, or court orders.
- S. 16Section 16 allows the State Government to resolve any issues in implementing the Act by issuing necessary orders.
- S. 17(1) The State Government may, by notification, make rules for carrying out the purposes of this Act
- S. 18( I ) The Barakar Electric Supply Installations (Acquisition) Ordinance, 1981, is hereby repealed