THE KALAKSHETRA FOUNDATION ACT, 1993

ACT NO. 6 OF 1994 · Enacted [4th January, 1994.] · 35 sections

PRELIMINARY

Section 1.Short title and commencement.

Section 2.Declaration of Kalakshetra as an institution of national importance.

Section 3.Definitions.

ACQUISITION AND TRANSFER OF THE ASSETS AND PROPERTIES OF KALAKSHETRA

Section 4.Transfer to, and vesting in, the Central Government of the assets and properties of Kalakshetra.

Section 5.General effect of vesting.

Section 6.Central Government to direct vesting of assets and properties in the Foundation.

Section 7.Duty of persons to deliver and to account for assets, properties, etc.

KALAKSHETRA FOUNDATION

Section 8.Establishment and incorporation of Foundation.

Section 9.The objects of Foundation.

Section 10.Authorities of the Foundation.

Section 11.The Governing Board.

Section 12.Term of office of Members.

Section 13.Meetings of the Governing Board.

Section 14.Governing Board to be the supreme authority of Foundation.

Section 15.Academic Committee.

Section 16.Powers and functions of Academic Committee.

Section 17.Finance Committee.

Section 18.Powers and functions of Finance Committee.

Section 19.Appointment and duties of Director.

Section 20.Transfer of service of existing employees.

FINANCE, ACCOUNTS AND AUDIT

Section 21.Grants by Central Government to the Foundation.

Section 22.Fund of the Foundation.

Section 23.Budget.

Section 24.Accounts and audit of the Foundation.

Section 25.Duty to furnish returns, annual reports, etc.

MISCELLANEOUS

Section 26.Prior approval of the Central Government for alienation of property.

Section 27.Power of Central Government to give directions to the Foundation.

Section 28.Dissolution of the Foundation.

Section 29.Protection of action taken in good faith.

Section 30.Indemnity.

Section 31.Power to make rules.

Section 32.Power to make regulations.

Section 33.Rules and regulations to be laid before Parliament.

Section 34.Power to remove difficulties.

Section 35.Repeal and saving.