Bare Act
The Madhya Pradesh Rajya Pashu Dhan Avam Kukkut Vikas Nigam Adhinayam 1982
General198239 sections
This Act establishes the Madhya Pradesh Rajya Pashu Dhan Avam Kukkut Vikas Nigam to manage livestock and poultry development across the state. It applies to the corporation, its board of directors, and financial institutions involved in funding agricultural and animal husbandry operations. The law matters because it provides the legal framework for the state to own, manage, and develop livestock resources, ensuring better support for farmers and the broader agricultural economy through organized management and financing.
- 1. Short title, extent and commencement
- 2. Definitions
- 3. Incorporation
- 4. Capital of the Nigam
- 5. Shares of the Nigam
- 6. Management
- 7. Constitution of the Board
- 8. Disqualification of Directors
- 9. Managing Director
- 10. Functions of the Nigam
- 11. Powers of the Nigam
- 12. Funds of the Nigam
- 13. Budget
- 14. Accounts and Audit
- 15. Power to make Rules
- 16. Disqualifications for directorship
- 17. Meetings of the Board
- 18. Appointment of Managing Director and other staff
- 19. Functions of the Nigam
- 20. General powers of the Nigam
- 21. Authentication of orders and documents
- 22. Delegation of powers
- 23. Nigam Fund
- 24. Accounts of the Nigam
- 25. Reserve fund
- 26. Account and Audit
- 27. Annual report
- 28. Directions of State Government on question of policy
- 29. Transfer of existing officers and servants to the Nigam
- 30. Liquidation of Nigam
- 31. Indemnity of director
- 32. Defect in appointment not to invalidate acts, etc
- 33. Protection of action taken in good faith
- 34. Protection of action taken in good faith
- 35. Declaration of fidelity and secrecy
- 36. Delegation of powers
- 37. Power to make rules
- 38. Power to make regulations
- 39. Repeal
PDF: pending for this language.