Act 64 of 1950

The Road Transport Corporations Act, 1950

An Act to provide for the incorporation and regulation of Road Transport Corporations.

  • Ministry of Road Transport and Highways
  • Enacted 1950-12-04
  • 58 sections
SectionTitle
1 Short title, extent and commencement.Read
2 Definitions.Read
3 Establishment of Road Transport Corporations in the States.Read
4 Incorporation.Read
5 Management of Corporation and Board of Directors.Read
6 Disqualifications for being chosen as, or for being, a Director of a Corporation.Read
7 Resignation of office by the Chairman or a Director.Read
8 Removal of Chairman and members from office.Read
9 Vacancies amongst members or defect in the constitution not to invalidate acts or proceedings of a Corporation.Read
10 Temporary association of persons with a Board for particular purposes.Read
11 Meetings of Boards.Read
12 Power to appoint committees and delegate functions.Read
13 Authentication of orders and other instruments.Read
14 Officers and servants of the Corporation.Read
15 Managing Director, Chief Accounts Officer and Financial Adviser.Read
16 General disqualification of all officers and servants.Read
17 Appointment of Advisory Council.Read
17A Establishment of subsidiary corporations.Read
18 General duty of Corporation.Read
19 Powers of Corporation.Read
19A Disposal of unclaimed articles and property.Read
19B Corporation to obtain the approval of the Central Government in certain cases.Read
20 Extension of the operation of the road transport service of a Corporation to areas within another State.Read
21 Carriage of mails.Read
22 General principle of Corporation’s finance.Read
23 Capital of the Corporation.Read
24 Additional capital of the Corporation.Read
25 Guarantee by the State Government.Read
26 Borrowing powers.Read
27 Fund of the Corporation.Read
28 Payment of interest and dividend.Read
29 Provision for depreciation and reserve and other funds.Read
30 Disposal of net profits.Read
31 Power of the Corporation to spend.Read
32 Budget.Read
33 Accounts and audit.Read
34 Directions by the State Government.Read
35 Returns and reports.Read
36 Power to order inquiries.Read
37 Power to control a part of the undertaking of a Corporation.Read
38 Power to supersede a Corporation.Read
39 Liquidation of a Corporation.Read
40 Compensation for acquisition of road transport undertakings.Read
41 Omitted .Read
42 Power of entry.Read
43 Directors, Officers and other employees of a Corporation to be public servants.Read
44 Power to make rules.Read
45 Power to make regulations.Read
45A Every rule and regulation to be laid before State Legislature.Read
46 Penalty for breach of rules.Read
47 Special provisions relating to Bombay.Read
47A Special provision for reconstitution or dissolution of certain Corporations.Read
48 Transitional provision relating to Bombay State Road Transport Corporation.Read
49 Prosecution and cognizance of offences.Read
50 Appointment of Magistrates.Read
51 Composition of offences.Read
52 Limitation of time for prosecution.Read
53 Power of magistrate to hear cases in absence of accused when summoned to appear.Read
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