The Industries (development and Regulation) Act, 1951 (Bare Act)/ Universal Law Publishing

THE INDUSTRIES (DEVELOPMENT AND REGULATION) ACT, 1951
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Introduction
Sections
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 [Repealed]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 THE 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 SCHEDULED INDUSTRIES 10. Registration of existing industrial undertakings IDA. Revocation of Registration in certain cases 11. Licensing of new industrial undertakings IIA. Licence for producing or manufacturing new arhcles IIB. Power of Central Government to specify the requirements which shall be complied with by small scale industrial undertakings . Revocation and amdendment of licences in certain cases . Further provision for Licensing of industrial undertakings in special cases Procedure for the grant of licence or permission 15. Power to cause investigation to be made into scheduled industries or industrial undertakings 15A. Power to investigate into the affairs of a company in liquidllion 16. Powers of Central Government on completion of investigation
under section 15

[Repealed] Power of persons or body of persons appointed under section 15 to call for assistance in any investigation
CHAPTER IIIA
DIRECT MANAGEMENT OR CONTROL OF INDUSTRIAL
UNDERTAKINGS BY CENTRAL GOVERNMENT
IN CERTAIN CASES
Power of Central Government to assume management or control of an industrial undertaking in certain cases 18AA. Power to take over industrial undertakings without investigation
under certain circumstances
Effect of notified order under section 18A
Contracts in bad faith, etc., may be cancelled or varied . . No right to compensation for termination of office or contract . Application of Act 7 of 1913
Power of Central Govenunent to cancel notified order
under section 18A

CHAPTER IIIAA
MANAGEMENT OR CONTROL OF INDUSTRIAL UNDERTAKINGS OWNED BY COMPANIES IN LIQUIDATION
18FA. Power of Central Government to authorise, with the permission of the High Court, persons to take over management or control of industrial imdertakings
CHAPTER IIIAB
POWER TO PROVIDE RELIEF TO CERTAIN INDUSTRIAL
UNDERTAKINGS
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
CHAPTER IlIAC
LIQUIDATION OR RECONSTRUCTION OF COMPANIES Power of Central Government to call for report on the affairs and working of managed company Decision of Central Government in relation to managed company
Provisions where Government decides to follow the course of action specified in section 18FD(1)
18FF. Provisions where Government decides to follow the course of action specified in section 18FD(2) Preparation of inventory of assets and liabilities\nd list of members and creditors of managed company . . Stay of suits and otlrer proceedings

CHAPTER lllB
CONTROL OF SUPPLY, DISTRIBUTION, PRICE, ETC.,
OF CERTAIN ARTICLES 18G. Power to control supply, distribution, price, etc., of certain articles 30
CHAPTER IV
MISCELLANEOUS 19. Powers of inspection 31 20. General prohibition of taking over management or control of industrial imdertakings 32 21. Certain administrative expenses of Development Councils to be paid from moneys provided by Parliament 32
22. Power of the Central Government to issue directions to Development Councils 32 .23. Decision of Central Government final respecting certain matters. . . 32
24. Penalties 32 24A. Penalty for false statements 33 25. Delegation of powers . . 33
26. Power to issue directions 34 27. Cognizance of offences 34 28. Burden of proof in certain cases 34 29. Jurisdiction of courts 34 29A. Special provisions regarding fines 34 29B. Power to exempt in special cases . . . V, 34
29C. Protection of action taken under the Act 37 29D. Debts incurred by the authorised person to have priority. 37
30. Power to make rules 37 31. Application of other laws not barred 39 32. [Repealed] 39 THE FIRST SCHEDULE.— [Industries that are required to be taken
THE SECOND SCHEDULE.
under control by the Union— See sections 2 and 3(i)] . . 39 -[Functions to be performed by Development Council—See section 6(4)J . . . 44 THE THIRD SCHEDULE.— [Enactments that shall not apply or shall apply with adaptations to industrial undertakings—See section 18FBI