THE INDUSTRIES (DEVELOPMENT AND REGULATION) ACT, 1951
[ACT 65 OF 1951 AS AMENDED UP TO ACT 4 OF 1986]2
[31st October, 1951]
CHAPTER I- PRELIMINARY
1. Short title extent and commencement
2. Declaration as to expediency of control by the Union
3. Definitions
4. [Repealed]
CHAPTER II-CENTRAL ADVISORY COUNCIL AND DEVELOPMENT COUNCILS
5. Establishment and constitution of Central Advisory Council and its functions
6. Establishment and constitution of Development Councils and their functions
7. Reports and accounts of Development Councils
8. Dissolution of Development Councils
9. Imposition of cess on scheduled industries in certain cases
CHAPTER III-REGULATION OF SCHEDULE INDUSTRIES
10.Registration of existing industrial undertakings
10-A. Revocation of registration in certain cases
11. Licensing of new industrial undertakings
11-A. Licence for producing or manufacturing new articles
11-B. Power of Central Government to specify the requirements which shall be complied with by small-scale industrial undertakings
12. Revocation and amendment of licences in certain cases
13. Further provision for licensing of industrial undertakings in special cases
14. Procedure for the grant of licence or permission
15. Power to cause investigation to be made into scheduled industries or industrial undertakings
15-A. Power to investigate into the affairs of a company in liquidation
16. Powers of Central Government on completion of investigation under Section 15
17. [Repealed]
18. Power of person or body of persons appointed under Section 15 or Section 15-A to call for assistance in any investigation
CHAPTER III-A- DIRECT MANAGEMENT OR CONTROL OF INDUSTRIAL UNDERTAKINGS BY CENTRAL GOVERNMENT CERTAIN CASES
18-A. Power of Central Government to assume management or control of an industrial undertaking in certain cases
18-AA. Power to take over industrial undertaking without investigation under certain circumstances
18-B. Effect of notified order under Section 18-A
18-C. Contracts in bad faith, etc., may be cancelled or varied
18-D. No right to compensation for termination of office or contract
18-E. Application of Act 7 of 1913
18-F. Power of Central to cancel notified order under Section 18-A
1. For Statement of Objects and Reasons, see Gazette of India. 1949, Pt. V, p. 156; and for Report of Select Committee, see ibid., Pt. V, pp. 103-112 and ibid., 1951, pt II, S. 2, PP. 709-713.
2. Act 4 of 1984 received the assent of the President on 21-3-1984 and deemed to come into force w.e.f. 12-1-1984.
CONTENTS
WHOLE DOCUMENT
SECTOR
CHAPTER I
Statement of Objects and Reasons
CHAPTER III-AA-MANAGEMENT OR CONTROL OF INDUSTRIAL UNDERTAKINGS OWNED BY COMPANIES IN LIQUIDATION
18-FA.
Power or Central Government to authorize, with the permission or the High Court, persons to take over management or control or industrial undertakings
CHAPTER III-AB- Power to provide relief to certain industrial undertaking
18-FB.
Power of Central Government to make certain declaration in relation to industries undertaking, the management or control of which has been taken over under Section 18-A, Section 18-AA or Section 18-FA
CHAPTER III-AC-Liquidation or Reconstruction of Companies
18-FC. Power of Central Government to call for report on the affaire and working of managed company
18-FD. Decision of Central Government in relation to managed company
18-FE. Provision where Government decides to follow the course of action specified in Section 18-FD (1)
18-FF. Provision where Government decides to follow the course of action specified in Section 18-FD (2)
18-FG. Preparation of inventory of assets and liabilities and list of members and creditors of managed company
18-FH. Stay of suit and other proceedings
CHAPTER III-B- CONTROL OF SUPPLY, DISTRIBUTION, PRICE, ETC., OF CERTAIN ARTICLES
18-G. Power to Control supply, distributors, price. etc., of certain articles
CHAPTER IV-MISCELLANEOUS
19. Power of inspection
20. General prohibition or taking over management control or industrial undertakings
21. Certain administrative Expenses of Development Councils to be paid from moneys provided by Parliament
22. Power or the Central Government to issue directions to Development Councils
23. Decision or Central Government final respecting certain matters
24. Penalties
24-A. Penalty for false statement
25. Delegation or powers
26. Power to issue directions
27. Cognizance or offences
28. Burden of proof in certain cases
29 Jurisdiction or Courts
29-A. Special provision regarding fines
29-B. Power to exempt in special cases
29-C. Protection or action taken under the Act
29-D. Debts incurred by the authorized person to have priority
30. Power to make rules
31. Application or other laws not barred
32. [Repealed]
THE FIRST SCHEDULE
THE SECOND SCHEDULE
THE THIRD SCHEDULE
An Act to Provide for the development and regulation of certain industries
Be it enacted by Parliament as follows:
STATEMENT OF OBJECTS AND REASONS.-
The object of this Bill is to provide the Central Government with the means of implementing their industrial policy which was announced in their Resolution No. 1(3)-44(13)-48, dated 6th April, 1948 and approved by the Central Legislature. The Bill brings under Central control the development and regulation of a number of important industries, The activities of which affect the country as a whole and the development or which must be governed by economic factors of all-India import. The planning of future development on sound and balanced lines is sought to be secured by the licensing of all new undertakings by the Central Government. The Bill confers on Government, power to make rules for the registration of existing undertakings, for regulating the production and development of the industries in the Schedule and for consultation with Provincial Government on these matters. Provision has also been made for the constitution of a Central Advisory Council, prior consultation with which will be obligatory before the Central Government takes certain measures such as the revocation of a licence or taking over the control and management of any industrial concern.