Britannia Engineering Company Limited ( Titagarh Unit ) ( Acquisition And Transfer Of Undertakings ) Act, 1984

Assent of the President first published in Calcutta Gazette, Extraordinary, dated 30th July, 1985. An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of Britannia Engineering Company Limited (Titagarh Unit), and for matters connected therewith or incidental thereto. Whereas Britannia Engineering Company Limited (Titagarh Unit) had been engaged in the manufacture and production of road rollers, tea processing machineries, jute mill machineries, railway equipments and heat exchangers; And Whereas the management of the undertakings of Britannia Engineering Company Limited (Titagarh Unit) had been conducted in a manner highly detrimental to the public interest; And Whereas the management of the undertakings of Britannia Engineering Company Limited (Titagarh Unit) was taken over by the Central Government under section 18FA of the Industries (Development and Regulation) Act, 1951; And Whereas or the purpose of reconstructing and rehabilitating the undertakings of Britannia Engineering Company Limited (Titagarh Unit) so as to subserve the interests of the general public by the augmentation of production and distribution of the aforesaid articles which are essential to the needs of the general public, it is necessary to acquire the undertakings of the Company; It is hereby enacted as follows : -

Act number

Act 43 of 1984

Year

1984

Enacted on

30-07-1985

In force from

30 July 1985

Jurisdiction

West Bengal State Act

Subjects

Companies And Corporate Law

Read the full text of Britannia Engineering Company Limited ( Titagarh Unit ) ( Acquisition And Transfer Of Undertakings ) Act, 1984 section by section on LawLens.

Official source: India Code