Vidhi Codex

Bare Act

The Tripura Tea Companies (Taking Over of Management of Certain Tea Units) Act, 1986

Corporate198615 sections4 chapters

This Act lets the Tripura Government take over the management of certain tea units in the public interest. A Custodian manages the units, and an amount is paid for the takeover. The Act overrides other laws, applies the Companies Act, 1956 with modifications, and lets the Government terminate contracts of employment where needed.

Start reading →Read full ActSections

Chapter I PRELIMINARY →

  1. 1Short title, and commencement
  2. 2It shall be deemed to have come into force on the 10th day of November, 1986.

Chapter II Chapter II →

  1. 3Taking over of the management of the undertaking of the Tea Companies in relation to the Tea Units
  2. 4Custodian of the Tea Units
  3. 5Payment of amount

Chapter III POWER TO PROVIDE RELIEF TO THE TEA UNITS →

  1. 6Power of the State Government to make certain declaration in relation to certain tea units

Chapter IV MISCELLANEOUS →

  1. 7Act to have overriding effect
  2. 8Application of the Companies Act, 1956
  3. 9Exclusion of period of operation of this Act from limitations
  4. 10Protection of action taken in good faith
  5. 11Power to terminate contracts of employments
  6. 12Penalties
  7. 13Offences by Companies
  8. 14Power to make rules
  9. 15Repeal and saving

PDF: pending for this language.