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Home›State Acts›The S.K.V.A. Co-operative Pharmacy and Stores (Acquisition and Transfer of Undertaking) Act, 1976›section 1

section 1

Short title and commencement.

The S.K.V.A. Co-operative Pharmacy and Stores (Acquisition and Transfer of Undertaking) Act, 1976
Health197616 sections
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Statutory text
  1. (1) This Act may be called the S.K.V.A. Co- operative Pharmacy and Stores (Acquisition and Transfer of Undertaking) Act, 1976.
  2. (2) It shall come into force at once.

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Contents

16 matching sections

  1. 0Preamble
  2. 1Short title and commencement.
  3. 2Definitions.
  4. 3Undertaking of Society to vest in Government.
  5. 4General effect of vesting.
  6. 5Power of Government to direct vesting of undertaking in Company.
  7. 6Duty to deliver possession of property acquired and documents relating thereto.(1) Where any property has vested in the Government or the Company under this Act, every person in whose possession or custody or under whose control the property may be, shall deliver the property to the Government or the Company, as the case may be, forthwith.
  8. 7Duty to furnish particulars.
  9. 8Transfer of service of existing employees.
  10. 9Provident, superannuation, welfare and other funds.
  11. 10Payment of amount.
  12. 11Payment of undisbursed dividend.
  13. 12Penalties.
  14. 13Offences by companies.
  15. 14Protection of action taken in good faith.
  16. 15Power to make rules.
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