Vidhi Codex

Bare Act

The Goa Industrial Development Act, 1965

Corporate196558 sections5 chapters

This Act establishes the Goa Industrial Development Corporation to promote industrial growth in the state. It provides the legal framework for the government to acquire, hold, and dispose of property for industrial purposes. The law applies to the State Government, the Corporation, and individuals or businesses interested in developing or leasing land in designated industrial areas and estates. By creating a dedicated body to manage these resources, the Act aims to ensure the rapid and orderly establishment of industries, making it easier for businesses to set up factories and other facilities in Goa.

Start reading →Read full ActSections

Chapter II Chapter II →

  1. 7Meetings of Corporation
  2. 8Cessation of Director
  3. 9Vacancies how to be filled
  4. 10Temporary absence of directors
  5. 11Proceeding presumed to be good and valid
  6. 12Officers and servants of the Corporation

Chapter III Chapter III →

  1. 13Functions
  2. 14General powers of the Corporation
  3. 15Authentication of orders and documents of Corporation
  4. 16Directions by the State Government

Chapter IV Chapter IV →

  1. 17Application of Corporation’s assets
  2. 18Corporation’s fund
  3. 19Grants, subventions, loans, advances and capital contribution to the Corporation
  4. 20Power of the Corporation to borrow
  5. 21Deposits
  6. 22Reserve and other funds
  7. 23Expenditure from funds
  8. 24Budget and programme of work
  9. 25Accounts and audit
  10. 26Concurrent and special audit of accounts

Chapter V Chapter V →

  1. 28Disposal of land by the Corporation
  2. 29Government lands

Chapter VI Chapter VI →

  1. 30Powers of Corporation in case of certain defaults by owner of land in industrial area
  2. 31Order of demolition of building
  3. 32Power to stop building operations
  4. 33Penalty for construction or use of land and buildings contrary, to terms of holding
  5. 34Power to lay pipe lines etc.
  6. 35Powers of entry
  7. 36Officers of the Corporation may be vested with other powers
  8. 37Overriding powers of Government to issue directions to local authorities
  9. 38Recovery of sums due to the Corporation as arrears of land revenue
  10. 39Service of notices, etc.
  11. 40Public notices how to be made known
  12. 41Notices, etc. to fix reasonable time
  13. 42Furnishing of returns etc.
  14. 43Withdrawal of area or estate or part thereof
  15. 44Default in performance of duty
  16. 45Dissolution of Corporation
  17. 46Authority for prosecution
  18. 47Composition of offences by Corporation
  19. 48Offence by companies
  20. 49Penalty for obstruction
  21. 50Power to make rules
  22. 51Power to make regulations
  23. 52Protection of action taken in good faith
  24. 52ANotice to suit and limitation of suits against Corporation, Committees, Officers and servant for acts done in pursuance of execution of this Act
  25. 54Power to remove doubts and difficulties
  26. 55Act to have overriding effect

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