The Pulgaon Cotton Mills Limited (Acquisition of Shares) Act, 1982
State Act of Maharashtra · Act 34 of 198221 provisions
The enactment
| Long title | An Act to provide for the acquisition of shares of the Pulgaon Cotton Mills Limited, with a view to securing proper management of the affairs of the company and the continuity and development of the production of articles which are vital to the needs of the general public and for matters connected therewith, or incidental thereto. |
|---|---|
| Type | Act |
| Citation | Act 34 of 1982 |
| Year | 1982 |
| Jurisdiction | State of Maharashtra |
| Ministry | Govt of Maharashtra |
| Status | In force as published by the source |
| Provisions published | 21 |
| Subjects | property |
Full text, provision by provision
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- Section 1 Short title and commencement.
- Section 2 Definitions.
- Section 3 Transfer and vesting of shares of the Company in the State Government.
- Section 4 Payment of amounts.
- Section 5 Appointment of Commissioner of Payments.
- Section 6 Payment by the State Government to the Commissioner.
- Section 7 Claims to be made to the Commissioner.
- Section 8 Examination of claims.
- Section 9 Admission or rejection of claims.
- Section 10 Disbursement of money by the Commissioner to claimants.
- Section 11 Undisbursed or unclaimed amount to be deposited to the general revenue account.
- Section 12 Power of inspection.
- Section 13 Power of Commissioner to inquire into dispute as to amount.
- Section 14 Deposit of amount in Court.
- Section 15 Act to have over-riding effect.
- Section 16 Penalties.
- Section 17 Offences by companies.
- Section 18 Limitation of cognizance of offences.
- Section 19 Power to make rules.
- Section 20 Power to remove difficulties.
- Section 21 Repeal and saving.
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