THE CHAPARMUKH-SILGHAT RAILWAY LINE AND THE KATAKHAL-LALABAZAR RAILWAY LINE (NATIONALISATION) ACT, 1982

ACT NO. 36 OF 1982 · Enacted [17th August, 1982.] · 16 sections

PRELIMINARY

Section 1.Short title.

Section 2.Definitions.

ACQUISITION OF THE UNDERTAKINGS OF THE TWO SPECIFIED COMPANIES

Section 3.Transfer to, and vesting in the Central Government of the undertakings of the two specified companies.

Section 4.General effect of vesting.

Section 5.Owners of the two specified companies to be liable for certain prior liabilities.

PAYMENT OF AMOUNT

Section 6.Payment of amount.

Section 7.Interest.

DUTY OF PERSONS IN CHARGE OF MANAGEMENT OF THE UNDERTAKINGS OF THE TWO SPECIFIED COMPANIES TO DELIVER ALL ASSETS, ETC.

Section 8.Duty of persons in charge of management of the undertakings of the two specified companies to deliver all assets, etc.

Section 9.Duty of persons to account for assets, etc., in their possession.

MISCELLANEOUS

Section 10.Act to have overriding effect.

Section 11.Penalties.

Section 12.Offences by companies.

Section 13.Protection of action taken in good faith.

Section 14.Delegation of powers.

Section 15.Power to make rules.

Section 16.Power to remove difficulties.