The Food Corporations Act, 1964
Central Act · Act 37 of 196447 provisions1 citing judgments
The enactment
| Long title | An Act to provide for the establishment of Food Corporations for the purpose of trading in foodgrains and other foodstuffs and for matters connected therewith and incidental thereto. |
|---|---|
| Type | Act |
| Citation | Act 37 of 1964 |
| Year | 1964 |
| Jurisdiction | Central |
| Ministry | Ministry of Consumer Affairs, Food and Public Distribution |
| Status | In force as published by the source |
| Provisions published | 47 |
| Subjects | consumer |
Full text, provision by provision
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- Section 1 Short title, extent and commencement.
- Section 2 Definitions.
- Section 3 Establishment of Food Corporation of India.
- Section 4 Offices and agencies.
- Section 5 Capital of Corporation.
- Section 6 Management.
- Section 7 Board of directors.
- Section 8 Disqualification for office of director.
- Section 9 Removal and resignation of directors.
- Section 10 Meetings.
- Section 11 Advisory Committees.
- Section 12 Officers and other employees of Corporation.
- Section 12A Special provisions for transfer of Government employees to the Corporation in certain cases.
- Section 13 Functions of Corporation.
- Section 14 Executive Committee and other commodities.
- Section 15 Member of board or committee thereof not to vote in certain cases.
- Section 16 Boards of Management, their constitution and functions.1 citing judgment
- Section 17 Establishment of State Food Corporation.
- Section 18 Capital of State Food Corporation.
- Section 19 Management of State Food Corporation.
- Section 20 Disqualification for office of member of board of directors.
- Section 21 Removal and resignation of members of board of directors.
- Section 22 Meetings.
- Section 23 Appointment of officers, etc. and their conditions of service.
- Section 24 Executive Committee and other committees.
- Section 25 Member of board or committee thereof not to vote in certain cases.
- Section 26 Submission of programme of activities and financial estimates.
- Section 27 Borrowing powers of Food Corporation.
- Section 28 Lending by Food Corporation on security of foodgrains.
- Section 29 Power to enter into agreement for purchase of foodgrains after harvest.
- Section 30 Guarantee by Food Corporation.
- Section 31 Funds of Food Corporation.
- Section 32 Investment of funds.
- Section 33 Allocation of surplus profits.
- Section 34 Accounts and audit.
- Section 35 Annual report on the working of Food Corporations.
- Section 36 Vacancies, etc., not to invalidate acts or proceedings of Food Corporation, etc.
- Section 37 Delegation.
- Section 38 Declaration of fidelity and secrecy.
- Section 39 Indemnity of directors.
- Section 40 Protection of action taken under this Act.
- Section 41 Offences.
- Section 42 Provision relating to income-tax, super-tax, etc.
- Section 43 Winding up of Food Corporation.
- Section 44 Power to make rules.
- Section 45 Power of Food Corporation to make regulations.
- Section 46 Validation.
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