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The Industries (Development and Regulation) Act, 1951
Act 65 of 1951
The Industries (Development and Regulation) Act, 1951
An Act to provide for the development and regulation of certain industries.
Ministry of Commerce and Industry
Department of Promotion of Industry and Internal Trade
Enacted 1951-10-31
58 sections
Section
Title
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
[Omitted.].
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5
Establishment and 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 Councils.
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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
Revocation of registration in certain cases.
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11
Licensing of new industrial undertakings.
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11A
Licence for producing or manufacturing new articles.
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11B
Power of Central Government to specify the requirements which shall be 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
Further provision for licensing of industrial undertakings 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
[Omitted.].
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18
Power of person 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
Contracts in bad faith, etc., may be cancelled or varied.
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18D
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
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.
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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 Council.
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23
Decision of Central Government final respecting certain matters.
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24
Penalties.
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24A
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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29E
Validation.
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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
[Repealed.].
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