Normal view MARC view ISBD view

The Road Transport Corporation Act,1950 (Bare Act)/ Universal Law Publishing

Contributor(s): Universal Law PublishingMaterial type: Text

TextPublication details: New Delhi: Universal Law Publishing, 2010Description: ii, 23 pSubject(s): Bare ActDDC classification: 343.54

Contents:

THE ROAD TRANSPORT CORPORATIONS ACX 1950 Introduction . . y . 1 Sections CHAPTER I PRELIMINARY , 1. Short title, extent and commencement ' . . . 2 2. Definitions . . . 3 CHAPTER II ROAD TRANSPORT CORPORATIONS 3. Establishment of Road Transport Corporations in the States . . 3 4. Incorporation . . 4 5. Management of Corporation and Board of Directors . . . 4 6. Disqualification for being chosen as, or being, a Director of a Corporation . . . 4 7. Resignation of office by the Chairman or a Director . . . 5 8. Removal of Chairman and Directors from office . . 5 9. Vacancies amongst members or defect in the coristitution not to invalidate acts or proceedings of a Corporation or its Board . . 6 10. Temporary association of persons with a Board for particular purposes 6 11. Meetings of Board 12. Power to appoint committees and delegate functions. 13. Authentication of orders and other instruments 14. Officers and servants of the Corporation 15. Managing Director, Chief Accounts Officer and Financial Adviser 16. General disqualification of all officers and servants . 17. Appointment of Advisory Council CHAPTER IIA SUBSIDIARY CORPORATIONS 17A. Establishment of subsidiary corporation . 8 CHAPTER 111 POWERS AND DUTIES OF CORPORATION 18. General duty of Corporation . . 9 19. Powers of Corporatiftn . ^ ; 9 20. Extension of the operation of the road transport service of a Corporation to areas within anodier State - . , , • »12 21. Carriage of mails .. . . 12 CHAPTER IV FINANCE, ACCOUNTS AND AUDIT General principle of Corporation's finance Capital of the Corporation Additional capital of the Corporation Guarantee by the State Government Borrowing powers Fund of the Corporation Payment of interest and dividend Provision for depreciation and reserve and other funds Disposal of net profits Power of the Corporation to spend Budget Accounts and audit CHAPTER V MISCELLANEOUS Direction by the State Government Returns and reports Power to order inquiries Power to control a part of the undertaking of a Corporation Power to supersede a Corporation Liquidation of a Corporation Compensation for acquisition of road transport undertakings [Repealed] Power of entry [Jirectors, officers and other employees of a Corporation to be public servants Power to make rules Power to make regulations Every rule and regulation to be laid before State Legislature Penalty for breach of rules Special provisions relating to Bombay Special provision for reconstitution or dissolution of certain Corporations Transitional provision relating to Bombay State Road Transport Corporation

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings ( 1 )
Title notes ( 1 )
Comments ( 0 )

Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Bare Acts and Legal Education Series	Central Library, Sikkim University General Book Section	343.54 UNI/R (Browse shelf(Opens below))	Not for loan		P12518

Total holds: 0

THE ROAD TRANSPORT CORPORATIONS ACX 1950
Introduction . . y . 1
Sections
CHAPTER I
PRELIMINARY ,
1. Short title, extent and commencement ' . . . 2
2. Definitions . . . 3
CHAPTER II
ROAD TRANSPORT CORPORATIONS
3. Establishment of Road Transport Corporations in the States . . 3
4. Incorporation . . 4
5. Management of Corporation and Board of Directors . . . 4 6. Disqualification for being chosen as, or being, a Director of a Corporation . . . 4
7. Resignation of office by the Chairman or a Director . . . 5
8. Removal of Chairman and Directors from office . . 5
9. Vacancies amongst members or defect in the coristitution not to invalidate acts or proceedings of a Corporation or its Board . . 6 10. Temporary association of persons with a Board for particular purposes 6

11. Meetings of Board
12. Power to appoint committees and delegate functions.
13. Authentication of orders and other instruments 14. Officers and servants of the Corporation
15. Managing Director, Chief Accounts Officer and Financial Adviser
16. General disqualification of all officers and servants .
17. Appointment of Advisory Council
CHAPTER IIA
SUBSIDIARY CORPORATIONS
17A. Establishment of subsidiary corporation . 8
CHAPTER 111
POWERS AND DUTIES OF CORPORATION
18. General duty of Corporation . . 9 19. Powers of Corporatiftn . ^ ; 9 20. Extension of the operation of the road transport service of a Corporation to areas within anodier State - . , , • »12
21. Carriage of mails .. . . 12

CHAPTER IV
FINANCE, ACCOUNTS AND AUDIT
General principle of Corporation's finance
Capital of the Corporation
Additional capital of the Corporation
Guarantee by the State Government
Borrowing powers
Fund of the Corporation
Payment of interest and dividend
Provision for depreciation and reserve and other funds
Disposal of net profits
Power of the Corporation to spend
Budget
Accounts and audit
CHAPTER V
MISCELLANEOUS
Direction by the State Government
Returns and reports
Power to order inquiries Power to control a part of the undertaking of a Corporation
Power to supersede a Corporation
Liquidation of a Corporation Compensation for acquisition of road transport undertakings
[Repealed]
Power of entry [Jirectors, officers and other employees of a Corporation to be public servants
Power to make rules
Power to make regulations Every rule and regulation to be laid before State Legislature
Penalty for breach of rules Special provisions relating to Bombay Special provision for reconstitution or dissolution of certain Corporations Transitional provision relating to Bombay State Road Transport Corporation

There are no comments on this title.

to post a comment.