Vidhi Codex

Bare Act

The Himachal Pradesh Scheduled Castes and Schedule Tribes Corporation Act, 1979

General197941 sections

This Act establishes the Himachal Pradesh Scheduled Castes and Scheduled Tribes Development Corporation to promote the economic and social development of marginalized communities in the state. It provides financial assistance and support for various sectors including agriculture, industry, and infrastructure projects specifically benefiting individuals from Scheduled Castes and Scheduled Tribes. By creating this corporate body, the government aims to reduce poverty and inequality, ensuring these historically disadvantaged groups have equal opportunities to participate in the state's economic growth and achieve self-reliance.

Start reading →Read full ActSections
  1. 0. Preamble
  2. 1. H.
  3. 2. H.
  4. 3. H.
  5. 4. H.
  6. 5. H.
  7. 6. H.
  8. 7. Passed in Hindi by the Himachal Pradesh Vidhan Sabha. For Statement of
  9. 8. Term of office.- The Chairman
  10. 9. Disqualification of office of director
  11. 10. Government or Central Government or a Corporation owned or controlled by any State Government or Central Government.
  12. 11. Resignation.-
  13. 12. Meetings
  14. 13. Managing director
  15. 14. Government may appoint another person to act in his place during his absence.
  16. 15. Officers and other employees of the Corporation.- (1) The
  17. 16. Functions of Corporation.- (1) Subject to the provisions of the
  18. 17. Corporation in connection with the exercise of those powers and duties.
  19. 18. Land Development and Finance Fund
  20. 19. Guarantee Fund
  21. 20. Bad Debts Fund
  22. 21. Provided that nothing herein shall be deemed to debar the State Government from giving such amount by way of additional grant for being credited to this Fund as it may think fit.
  23. 22. Good Fund shall be credited every such amount not exceeding eight and half percentum of the net profits of the Corporation as the Board may decide.
  24. 23. Loan Fund
  25. 24. Power to impose conditions for loans
  26. 25. Government from time to time.
  27. 26. Recovery of money due to the Corporation
  28. 27. Charge of Corporation on debtor’s property.-
  29. 28. Accounts
  30. 29. Audit
  31. 30. Dissolution of Board.- (1) No provision of law other than this
  32. 31. Consequences of dissolution of the Board
  33. 32. Bar of jurisdiction.- Save as otherwise expressly provided in this
  34. 33. Protection of action taken in good faith
  35. 34. Employees to be public servants
  36. 35. Indemnity of directors
  37. 36. Corporation in good faith, or anything done in good faith, in the execution of the duties of his office or in relation thereto.
  38. 37. Power to make regulations.- (1) Subject to the rules made by the
  39. 38. Power to make rules
  40. 39. Power to remove difficulties
  41. Schedule. OFFICE OF THE MANAGER/MANAGING DIRECTOR ..................

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