The Karnataka Co-operative Textile Mills (Acquisition and Transfer) Act, 1986

The Karnataka Co-operative Textile Mills (Acquisition and Transfer) Act, 1986

Corporate198636 sections5 chapters

0. Preamble

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1. Short title and commencement

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2. Definitions

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Chapter II ACQUISITION AND TRANSFER OF THE KARNATAKA CO

3. Declaration under Article 31C of the Constitution

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Chapter II ACQUISITION AND TRANSFER OF THE KARNATAKA CO

4. Transfer and vesting of the Mills in the Government

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Chapter II ACQUISITION AND TRANSFER OF THE KARNATAKA CO

5. General effect of vesting

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Chapter II ACQUISITION AND TRANSFER OF THE KARNATAKA CO

6. Lessor or lessee to be liable for certain prior liabilities

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Chapter II ACQUISITION AND TRANSFER OF THE KARNATAKA CO

7. Right of Government to recover backwages etc.

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Chapter II ACQUISITION AND TRANSFER OF THE KARNATAKA CO

8. Power of the Government to direct vesting of the mills in the company

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Chapter III PAYMENT OF ACCOUNTS

9. Amount to be given to lessor, lessee and other interested persons

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Chapter III PAYMENT OF ACCOUNTS

10. Payment of further amounts

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Chapter IV MANAGEMENT OF THE MILLS

11. Management etc., of the mills

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Chapter IV MANAGEMENT OF THE MILLS

12. Duties of persons in-charge of management of the mills

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Chapter IV MANAGEMENT OF THE MILLS

13. Duty of persons to account for assets etc., in their possession

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Chapter IV MANAGEMENT OF THE MILLS

14. Accounts and audit

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Chapter V COMMISSIONER OF PAYMENTS

15. Appointment of Commissioner of payment

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Chapter V COMMISSIONER OF PAYMENTS

16. Payment by the Government to the Commissioner

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Chapter V COMMISSIONER OF PAYMENTS

17. Certain powers of the Government and the Company

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Chapter V COMMISSIONER OF PAYMENTS

18. Claims to be made to the Commissioner

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Chapter V COMMISSIONER OF PAYMENTS

19. Priority of claims

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Chapter V COMMISSIONER OF PAYMENTS

20. Examination of claims

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Chapter V COMMISSIONER OF PAYMENTS

21. Admission or rejection of claims

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Chapter V COMMISSIONER OF PAYMENTS

22. Disbursement of the amount by the Commissioner to the claimants

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Chapter V COMMISSIONER OF PAYMENTS

22A. Disbursement of amount of the lessor etc.

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Chapter V COMMISSIONER OF PAYMENTS

23. Undisbursed or unclaimed amount to be deposited to the General Revenue Account

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

24. Transfer of service of officers or other employees of the mills

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

25. Transfer of provident fund, welfare fund, etc.

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

26. Act to have overriding effect

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

27. Contract to cease to have effect unless ratified by Company

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

28. Protection of action taken in good faith

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

29. Penalties.

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

30. Offences by Companies.

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

31. Power to make rules.

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

32. Power to remove difficulties.

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Chapter VI PROVISIONS RELATING TO THE EMPLOYEES OF THE MILLS

33. Repeal and savings.

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Schedule. Schedule

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Schedule