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Industries (Development and Regulation) Act, 1951
Section
Section Title
INTRODUCTION
Statement of Object
1
Short title, extent and commencement
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2
Declaration as to expediency of control by the Union
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3
Definitions
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4
Saving
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5
Establishment unit constitution of Central Advisory Council and its functions
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6
Establishment and constitution of Development Councils and their functions
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7
Reports and accounts of Development Councils
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8
Dissolution of Development Council
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9
Imposition of cess on scheduled industries in certain cases
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10
Registration of existing industrial undertakings
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10A
1 Revocation of Registration in certain cases
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11
Licensing of new industrial undertakings
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11A
1 Licence for producing or manufacturing new articles
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11B
1 Power of Central Government to specify the requirements which shall he complied with by small scale industrial undertakings
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12
Revocation and amendment of licences in certain cases
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13
1 Further provision for Licensing of industrial undertaking in special cases
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14
Procedure for the grant of licence or permission
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15
Power to cause investigation to be made into scheduled industries or industrial undertakings
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15A
Power to investigate into the affairs of a company in liquidation
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16
Powers of Central Government on completion of investigation under section 15
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17
Special provisions for direct control by Central Government in certain eases
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18
Power of persons or body of persons appointed under section 15 to call for assistance in any investigation
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18A
Power of Central Government to assume management or control of an industrial undertaking in certain cases
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18AA
Power to take over industrial undertakings without investigation under certain circumstances
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18B
Effect of notified order under section 18A
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18C
1 Contracts in bad faith, etc., may he cancelled or varied
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18D
1 No right to compensation for termination of office or contract
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18E
Application of Act 7 of 1913
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18F
1 Power of Central Government to cancel notified order under section 18A
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18FA
Power of Central Government to authorise, with the permission of the High Court, persons to take over management or control of industrial undertakings
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18FB
Power of Central Government to make certain declarations in relation to industrial undertakings, the management or control of which has been taken over under section 18A, section 18AA, or section 18FA
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18FC
Power of Central Government to call for report on the affairs and working of managed company
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18FD
Decision of Central Government in relation to managed company.-(1) If, on receipt of the report submitted by the authorised person, the Central Government is satisfied
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18FE
Provisions where Government decides to follow the course of action specified in section 18FD(1)
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18FF
Provisions where Government decides to follow the course of action specified in section 18FD(2)
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18FG
Preparation of inventory of assets and liabilities and list of members and creditors of managed company
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18FH
Stay of suits and other proceedings
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18G
Power to control supply, distribution, price, etc,, of certain articles
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19
Powers of inspection
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20
General prohibition of taking over management or control of industrial undertakings
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21
Certain administrative expenses of Development Councils to be paid from moneys provided by Parliament
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22
Power of the Central Government to issue directions to Development Councils
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23
1 Decision of Central Government final respecting certain mutters
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24
Penalties
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24A
1 Penalty for false statements
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25
Delegation of powers
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26
Power to issue directions
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27
Cognizance of offences
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28
Burden of proof in certain cases
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29
Jurisdiction of courts
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29A
Special provision regarding fines
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29B
Power to exempt in special cases
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29C
Protection of action taken under the Act
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29D
Debts incurred by the authorised person to have priority
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30
Power to make rules
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31
Application of other laws not barred
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32
Amendment of section 2, Act 14 of 1947
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SCHEDULE I
SCHEDULE II
SCHEDULE III
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