Act Number: 41

Act Name: The Transformer and Switchgear Limited (Acquisition and Transfer of Undertakings) Act, 1983

Year: 1983

Enactment Date: 1983-12-25

Long Title: An Act to provide for the acquisition and transfer of the undertakings of the Transformer and Switchgear Limited with a view to securing the better utilisation of the available infrastructure thereof and to modernise and augment the production of transformers, switchgears and other allied electrical equipments by the said undertakings so as to subserve the interests of the general public be ensuring the continued supply of the aforesaid articles which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto.

Ministry: Ministry of Heavy Industries and Public Enterprises

Department: Department of Heavy Industry

Section 2: Definitions.
    In this Act, unless the context otherwise requires,--
         (a) "Andrew Yule" means Andrew Yule and Company Limited, Calcutta, a company formed and registered under the Companies Act, 1956 (1 of 1956);
         (b) "appointed day" means the 8th day of November, 1983;
         (c) "Commissioner" means the Commissioner of Payments appointed under section 14;
         (d) "Company" means the Transformer and Switchgear Limited, being a company asdefined in the Companies Act, 1956 (1 of 1956), and having its registered office at 21, Guindy Road, Adyar, Madras-6000020;
         (e) "notification" means a notification published in the Official Gazette;
         (f) "prescribed" means prescribed by rules made under this Act;
         (g) "specified date" in relation to any provision of this Act, means such date as the Central Government may, by notification, specify for the purposes of that provision and different dates may be specified for different provisions of this Act;
         (h) words and expressions used herein and not defined but defined in the Companies Act, 1956 (1 of 1956), shall have the meanings, respectively, assigned to them in that Act.
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