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gavelLegal Act • कानून संहिता

The Air Corporations Act, 1953

ACA — 46 धाराएँ व नियम | अधिकारिक पाठ

format_list_numbered46 धाराएँ

46 धाराएँ / नियम पाए गए

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Short title and commencement

Definitions

Incorporation of the Corporations

Constitution of the Corporations

Conditions of service of directors

Vacancy in Corporation not to invalidate proceedings

Functions of the Corporations

Appointment of officers and other employees of the Corporations

Corporations to act on business principles

Capital of the Corporations

Vesting of properties in the Corporations

Funds of the Corporations

Powers of the Corporations in regard to expenditure

Corporation to assume obligations of Central Government in respect of certain matters

Accounts and audit

Audit of accounts of companies formed by Corporations

Undertakings of existing air companies to vest in the Corporation

General effect of vesting of undertakings in the Corporations

Reservation of scheduled air transport services to the Corporations

Licenses to cease to be valid

Provisions respecting officers and employees of existing air companies

Duty to deliver up possession of property acquired and documents relating thereto

Duty of existing air companies to supply particulars

Right of Corporations to disclaim certain agreements

Transactions resulting in dissipation of assets

Compensation to be given for compulsory acquisition of undertaking

Constitution of special Tribunal to determine compensation

Mode of giving compensation

Winding up of existing company whose undertaking has been acquired

Authorisation under section 28 may contain certain directions

Constitution of Air Transport Council

Functions of the Air Transport Council

Staff of the Council

Proceedings of the Council

Power of Central Government to give directions

Prior approval of Central Government necessary in certain cases

Submission of programme of work for each year

Submission of Annual Reports to Parliament

Corporations to act in mutual consultation

Transfer of scheduled air transport services or assets from one Corporation to the other

Corporations may delegate their powers

Advisory and Labour Relations Committees

Meetings of the Corporation

Penalty for wrongful withholding of property

Power to make rules

Power of Corporations to make regulations