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43/1984 - The Aluminium Corporation of India Limited (Acquisition and Transfer of Aluminium Undertaking) Act, 1984 ▶

Act Number: 43

Act Name: The Aluminium Corporation of India Limited (Acquisition and Transfer of Aluminium Undertaking) Act, 1984

Year: 1984

Enactment Date: 1984-06-02

Long Title: An Act to provide for the acquisition and transfer of the right, title and interest of the Aluminium Corporation of India Limited in relation to its undertaking as Jaykay Nagar, near Asansol (West Bengal) for the purpose of ensuring the continuity of production of aluminium and aluminium fabricated products which are essential to the needs of the community and thereby to give effect to the policy of the State towards securing the principles specified in clause (b) of Article 39 of the Constitution.

Ministry: Ministry of Mines

Department:

Section 21: Disbursement of money by the Commissioner to claimants.

After admitting a claim under this Act, the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such amount is due, and, on such payment, the liability of the Company in respect of such claim shall stand discharged.

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