DALMIA DADRI CEMENT LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AMENDMENT ACT, 2006

Sun Feb 27 2022 | Constitutional | Comments (0)

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Year : 2006

[ACT No. 3 of 2007]
[29th December, 2006]


PREAMBLE

An Act to amend the Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981.

BE it enacted by Parliament in the Fifty-seventh Year of the Republic of India as follows:-

Section -1 Short title

This Act may be called the Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Amendment Act, 2006.

Section -2 Amendment of section 9 if Act 31 of 1981

In section 9 of the Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981, for the words "do in relation to its undertakings", the words, letters, figures and brackets do in relation to its undertakings, including the power to dispose off the assets of the undertakings of the Company vested upon it, by the notification of the Government of India, in the Ministry of Industry (Department of Industrial Development) number S.O. 502(E), dated the 23rd June, 1981, under sub-section (1) of section 6, if such disposal of the assets is considered necessary by the Cement Corporation due to legal or financial considerations" shall be substituted.

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