Vidhi Codex

Bare Act

The Andhra Pradesh Public Sector Undertakings (Reconstruction of Management) Act, 1996

General199610 sections

The Andhra Pradesh Public Sector Undertakings (Reconstruction of Management) Act, 1996 empowers the state government to restructure and oversee the governance of public enterprises in Andhra Pradesh. It applies to state-owned companies and grants authorities overriding powers to remove existing directors, appoint new management personnel, and issue binding operational directions in the public interest. Furthermore, the law enables official inquiries into enterprise administration while protecting officers acting in good faith. This Act matters because it enables direct government intervention to streamline operations, enhance accountability, and protect public financial resources.

Start reading →Read full ActSections
  1. 1. Short title extent and commencement
  2. 2. Definitions
  3. 3. Reconstruction of Management
  4. 4. Power to remove directors etc
  5. 5. Power to appoint directors
  6. 6. Power of the Government to issue directions
  7. 7. Inquiries
  8. 8. Protection of action taken in good faith
  9. 9. Power to make rules
  10. 10. Power to remove difficulties

PDF: pending for this language.