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Thread: Ministry of Textiles - The Jute Companies (Nationalisation) Act, 1980

  1. #31
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    Thumbs up The Jute Companies (Nationalisation) Act, 1980 - Section - 30 - Protection of action taken in good faith

    The Jute Companies (Nationalisation) Act, 1980


    Section - 30

    Protection of action taken in good faith


    (1) No suit, prosecution or other legal proceeding shall lie against the Central Government or any officer of that Government or the Jute Manufactures Corporation or other person authorised by that Government or Corporation for anything which is in good faith done or intended to be done under this Act.

    (2) No suit or other legal proceeding shall lie against the Central Government or any of its officers or other employees or the Jute Manufactures Corporation or any officer or other person authorised
    by that Corporation for any damage caused or likely to be caused for anything which is in good faith done or intended to be done under this Act.

  2. #32
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    Thumbs up The Jute Companies (Nationalisation) Act, 1980 - Section - 31 - Delegation of powers

    The Jute Companies (Nationalisation) Act, 1980


    Section - 31

    Delegation of powers

    (1) The Central Government may, by notification, direct that all or any of the powers exercisable by it under this Act, other than the powers conferred by this section and sections 32 and 33, may also be exercised by such person or persons as may be specified in the notification .

    (2) Whenever any delegation of power is made under sub-section (1), the person to whom such power has been delegated shall act under the direction, control and supervision of the Central Government.

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    Thumbs up The Jute Companies (Nationalisation) Act, 1980 - Section - 32 - Power to make rules

    The Jute Companies (Nationalisation) Act, 1980


    Section - 32

    Power to make rules


    (1) The Central Government may, by notification, make rules for carrying out the provisions of this Act.

    (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:-

    (a) the time within which, and the manner in which, an intimation referred to in sub-section (3) of section 4 shall be given;
    (b) the manner in which the monies in any provident fund or other fund, referred to in sub-section (2) of section 13, shall be dealt with;
    (c) any other matter which is required to be, or may be, prescribed.

    (3) Every rule made by the Central Government under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.

  4. #34
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    Thumbs up The Jute Companies (Nationalisation) Act, 1980 - Section - 33 - Power to remove difficulties

    The Jute Companies (Nationalisation) Act, 1980


    Section - 33

    Power to remove difficulties


    If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order, not inconsistent with the provisions of this Act, remove the difficulty.

    Provided that no such order shall be made after the expiry of a period of two years from the appointed day.

  5. #35
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    Thumbs up The Jute Companies (Nationalisation) Act, 1980 - THE FIRST SCHEDULE

    The Jute Companies (Nationalisation) Act, 1980

    THE FIRST SCHEDULE
    (See sections 2 (c),7,8,15(1) (a) )


    Sl. / Name of the jute company /Amount (Rupees in lakhs)

    1. Alexandra Jute Mills Limited, Chartered Bank Buildings, 4-Netaji Subhas Road, Kolkata-700001 353.60

    2. Union Jute Company Limited, Chartered Bank Building 4-Netaji Subhas Road, Kolkata-700001 461.32

    3. Khardah Company Limited, 7-Red Cross Place, Kolkata-700001486.68

    4. The Kinnison Jute Mills Company Limited, Chartered Bank Building 4-Netaji Subhas Road, Kolkata-700001 644.70

    5. R.B.H.M Jute Mills Private Limited, P.O. Katihar Mills, Katihar (Bihar) . 17.04 Total: 1963.34


  6. #36
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    Thumbs up The Jute Companies (Nationalisation) Act, 1980 - THE SECOND SCHEDULE

    THE SECOND SCHEDULE



    [ See sections 17, 19(1), 20(1), 22(1) and 25(1) ]



    ORDER OF PRIORITIES



    Part I


    Category I --

    Employees' dues on account of unpaid salaries, wages, provident fund, Employees' State Insurance Contribution or premium relating to the Life Insurance Corporation of India and any other amounts due to employees in respect of any period whether before or after the management of the undertakings of any jute company had been taken over by the Central Government.


    Category II--

    Secured loans obtained by any jute company from nationalised banks and public financial institutions during any period whether before or after the management of the undertakings of that company had been taken over by the Central Government.

    Category III--

    (a) Any credits availed for trade or manufacturing purpose during the post-take-over management period.

    Category IV-

    Revenue, taxes, cesses, rates or other dues to the Central Government, a State Government or any local authority or State Electricity Board for any period whether before or after the management of the undertakings of any jute company had been taken over by the Central Government.

    Category V-

    Any Credit availed of for trade or manufacturing purpose during the pre-take-over management period.


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