(1) The Kerala Cashew Factories (Acquisition) Ordinance, 1974 (8 of 1974), is hereby repealed.
(2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under this Act as if this Act had commenced on the 28th day of June, 1974.
25[SCHEDULE I] (See section 9) Principles for determining amount payable for acquisition of cashew factories Paragraph I The amount to be paid by the Government for the acquisition of a cashew factory shall be the sum total of the value of the properties and assets of the factory existing on the appointed day, calculated in accordance with the provisions of Paragraph II.
Paragraph II
(a) (i) In respect of any land which was part of the factory at the time of establishment of the factory, the value of such land at the time of establishment of the 21 Substituted by Act 25 of 1985 (w.e.f. 28-02-1984).
22 Substituted by Act 25 of 1985 (w.e.f. 28-02-1984).
23 Substituted by Act 25 of 1985 (w.e.f. 28-02-1984).
24 Substituted by Act 25 of 1985 (w.e.f. 28-02-1984).
25 Numbered by Act 14 of 2010 (w.e.f. 01.08.2009).
12 factory;
(ii) In respect of any land acquired by the owner or occupier for the purposes of the factory subsequent to the establishment of the factory, the value of such land at the time of such acquisition;
(b) The cost of any buildings at the time of construction minus depreciation at the rate of 5 per cent per annum subject to a maximum of 50 per cent depreciation;
(c) The actual cost of acquiring any plant, machinery or other equipment which has not been worked or used and the written down value (determined in accordance with the provisions of the Income Tax Act, 1961) of any other plant, machinery or other equipment, provided that such written down value shall not be be less than 25 per cent of the actual cost of acquiring such plant, machinery or other equipment.
26[SCHEDULE II] (See section 3B) SI.
No Reg. No.
of the cashew factory Name, description and details of cashew factories Name and address of the owner
(1) (2) (3) (4) 1 Reg. No. AP. 10 Fy. No. 4, Krishnapuram, Kayamkulam, located at Krishnapuram Village, Karthikapally Taluk, Alleppey Dist., taken over on lease on 1-3-1971 Shri S. Ramachandra Naik, 23-2002 Kadri Temple Road,Mangalore.
2 Reg. No. KU. 2 Fy. No. 5, Mynagappally, Karunagappally, located at Mynagappally Village, Karunagappally Taluk, Kollam Dist., taken over on lease on 15-3-1971 Smt. K. Devayani Amma, Jupitor Cashew Co., Kochupilammoodu, Kollam.
3 Reg. No. KT. 72 Fy. No. 7, Nooranadu, Kayamkulam, located at Nooranadu Palamel Village, Mavelikkara Taluk, Alleppey Dist., taken over on lease on 11-5-1971 T.G Walter, Mammikunnu Bunglow, Mundakkal, Kollam.
4 Reg. No. KU. 78 Fy. No. 8, Puthoor, Kollam Located at Pavithreswaram Village, Kollam Taluk, Kollam District., taken over on lease on 12-5-1971 S. Ramchandra Naik, 23-2002 Kadri Temple Road, Mangalore.
26 Inserted by Act 14 of 2010 (w.e.f. 01-08-2009).
13 5 Reg. No. Q. 1 Fy. No. 9, Kilimanoor, Trivandrum located at Pazhayakunnummel Village, Chirayinkeezh Taluk, Trivandrum Dist., taken over on lease on 3-6-1971 Smt. Devayani Amma, Jupitor Cashew Co., Kochupilammoodu, Kollam.
6 Reg. No. KU. 64 Fy. No. 11, Edamulakkal, Edamulakkal Village, Pathanapuram Taluk, Kollam Dist., taken over on lease on 14-4-1971 M/s Ramsons & Co., Kollam-4.
7 Reg. No. Q. 55 Fy. No. 12, Chathannoor, Meenadu Village, Kollam Taluk, Kollam Dist., taken over on lease on 16-8-1971 Badarudeen Musaliar, Kandannachalil House, Kilikolloor, Kollam-4.
8 Reg. No. KU. 36 Fy. No. 14, Bharanikkavu, Sasthamcottah Village, Kunnathoor Taluk, Kollam Dist., taken over on lease on 9-2-1972 Smt. Umaiban Beevi, Kambikettle Veedu, Kilikolloor, Kollam.
9 Reg. No. KU. 41 Fy. No. 16, Adinadu, Kulasekharapuram Village, Karunagappally Taluk, Kollam Dist., taken over on lease on 7-2-1972 Smt. B. Leela, Padmalayam, Uliyacovil, Kollam.
10 Reg. No. KU. 53 Fy. No. 20, Elampalloor, Elampalloor Village, Kollam Taluk, Kollam Dist., taken over on lease on 14-2-1972 K. Mydeen Kunju & Sons, Kuthirapanthiyil Bunglow, Thevally, Kollam.
11 Reg. No. KU. 70 Fy. No. 22, Nedupaikulam, Ezhukone Village, Kollam Taluk, Kollam Dist., taken over on lease on 28-2-1972 K Suresh, Managing Partner, Shanmughavilas, Kilikolloor, Kollam.
12 Reg. No. KT. 71 Fy. No. 24, Karimulakkal, Chunakkara Village, Mavelikkara Taluk, Alleppey Dist., taken over on lease on 18-5-1972 T.G Walter, Mammikunnu Bunglow, Kochupilammoodu, Kollam.
13 Reg. No. KU. 88 Fy. No. 26, Thettikuzhy, Thazhuthala Village, Kollam Taluk, Kollam District., taken over on lease on 11-3-1974 Smt. Ummasalummal, Kuruttazhikathu Veedu, Umayanalloor, Kollam.
14 14 Reg.No. Q. 95 Fy. No. 27, Eravipuram, Eravipuram Village, Kollam Taluk, Kollam Dist., taken over on lease on 13-3-1974 27[and 1-2- 1975] M/s Ramsons & Co. Kollam-4 28[and Smt. D. Sumathy, W/o Sivadasan, Smt. Rajasri Sivadasan, D/o Sivadasan and Smt. Jayasri Sivadasan, D/o Sivadasan, Jayanthi House, Nadakkavu, Cutcherry, Kozhikode].
15 Reg. No. Q. 96 Fy. No. 28, Parippally, Parippally Village, Kollam Taluk, Kollam Dist., taken over on lease on 13-3-1974 M/s Ramsons & Co..
Kollam-4.
16 Reg. No. KU. 86 Fy. No. 29, Paruthumpara, Mulavana and Ezhukone Village, Kollam Taluk, Kollam Dist., taken over on lease on 11-3-1974 M/s M.P. Govindan & Sons, Kollam-4.
17 Reg. No. KU. 158 Fy. No. 30, Kunnathoor, Kunnathoor Village, Kunnathoor Taluk, Kollam Dist., taken over on lease on 21-3-1974 G. Bhanu Asan, Vishnu Nivas, Pattathanam, Kollam.
Present: Sushamma, Sitaram, Acharandil House. Pattathanam, Kollam.
18 Reg. No. Q. 31 Fy. No. 32, Kanjamkadu, Kollam Corporation, Kollam Taluk, Kollam Dist., taken over on lease on 23-3-1974 Smt. Rajeswari, W/o Govindaraja Reddiyar, Raji Nivas, N.A.N.R.
Compound, Main Road, Kollam.
19 Reg. No. Q. 243 Fy. No. 33, Kadakkal, Kadakkal Village, Kottarakkara Taluk, Kollam Dist., taken over on lease on 29-4-1974 Smt. B. Jalaja Kumari, Bhaskara,Temple Lane, Medical College P.O., Ulloor, Trivandrum.
20 Reg. No. KU. 9 Fy. No. 34, Chengammanadu, Melila Village, Kottarakkara Taluk, Kollam Dist., taken over on lease on 13-6-1974 Smt. Rajeswari, W/o Govindaraja Reddiyar, Raji Nivas, N.A.N.R.
Compound, Main Road, Kollam.
27 Inserted by Act 16 of 2024 (w.e.f. 01-08-2009).
28 Inserted by Act 16 of 2024 (w.e.f. 01-08-2009).
15 29[SHEDULE III (See Section 6A) SI.
No Reg. No.
of the factory Name, description and details of factories Date from which it is vested in Government
(1) (2) (3) (4) 1 K.U.28 M/s Grand Cashew Corporation, Chengamanad, located at Melila Village, Kottarakkara Taluk, Kollam District 11-5-1984 2 K.U.96 M/s K.A. Karim & Sons, Kilikolloor, located at Kilikolloor Village, Kollam Taluk, Kollam District.
11-5-1984 3 Q.38 M/s P.K. Damodar Cashew Company, Eravipuram, located at Eravipuram Village, Kollam Taluk, Kollam District.
27-7-1984 4 Q.97 M/s Quilon Exports, Chathannoor, located at Chathannor Village, Kollam Taluk, Kollam District.
27-7-1984 5 Q.150 M/s Dhanalekshmi Exports, Navaikulam, located at Navaikulam Village, Chirayinkil Taluk, Thiruvananthapuram District.
27-7-1984 6 K.U.59 M/s Rajasree Exports Enterprises, Perinadu, located at Perinadu Village, Kollam Taluk, Kollam District.
27-7-1984 7 K.U.207 M/s Viswanath Cashew Factory, Chathinamkulam, located at Kilikolloor Village, Kollam Taluk, Kollam District.
8-2-1985 8 K.U.185 M/s Dalmia International, Perumpuzha, located at Kottamkara Village, Kollam Taluk, Kollam District.
8-2-1985 9 A.P.9 M/s Standard Cashew Industries, Pathiyoor, located at Pathiyoor Village, Karthikappally Taluk, Alappuzha District.
25-4-1985 10 A.P.11 Rajmohan Cashew Limited, Eruva, located at Eruva, Kayamkulam in Karthikappally Taluk, Alappuzha District.
11-6-1986 _____ 29 Inserted by Act 13 of 2015 (w.e.f. 01-05-1984).