Category: Nationalisation
15
Laws under this category
92
Crimes under this category
3.0 years
Is the maximum term of imprisonment
₹10000
Is the maximum fine
91
of them are punishable by imprisonment
0
of them are punishable by death penalty
92
of them are punishable by fines
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LAWS UNDER THIS CATEGORY
The Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act, 1980
Enactment Date: 27-12-1980
Act Year: 1980
Ministry: Ministry of Steel
Enforcement Date: 25-10-1980
Nationalisation
Short Title
The Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act, 1980
Long Title
An Act to provide for the acquisition and transfer of the undertakings of the Bird and Company Limited for the purpose of ensuring the continuity of production of goods which are vital to the needs of the country and for the acquisition of shares held by the Bird and Company Limited in the specified companies for the purpose of securing to those undertakings the facilities and advantages derived by reason of such shareholding with respect to the operation and functioning of those undertakings and also to enable the Central Government to exercise such control over the affairs of the specified companies as is necessary to ensure that the affairs of those companies are not mismanaged and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 27-12-1980
Act Year: 1980
Ministry: Ministry of Steel
Enforcement Date : 25-10-1980
Section 25(c)
Crime: Wrongfully recovering or destroying any property forming part of any undertaking of the Bird and Company Limited.
Section 25(c)
Crime: Preferring any false or inaccurate claim under this Act.
Section 25(b)
Crime: Wrongfully obtaining possession of, or retaining any property forming part of any undertaking of the Company.
Section 25(b)
Crime: Wilfully withholding or failing to deliver any document, assets, books of account or registers relating to undertakings of Bird and Company Limited, to the Central Government, Government company or any person specified.
Section 25(a)
Crime: Wrongfully withholding property forming part of any undertaking of Bird and Company Limited from the Central government or new company.
The Britannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertakings) Act, 1978
Enactment Date: 08-12-1978
Act Year: 1978
Ministry: Ministry of Railways
Enforcement Date: 01-04-1978
Nationalisation
Short Title
The Britannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertakings) Act, 1978
Long Title
An Act to provide for the acquisition and transfer of the right, title and interest of the undertakings of Britannia Engineering Company in relation to the Mokameh unit owned by it and the right, title and interest of Arthur Butler and Company in relation to the undertakings owned by it, with a view to ensuring the continued manufacture of railway wagons and other goods essential to the needs of the country in general and the Railways in particular, and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 08-12-1978
Act Year: 1978
Ministry: Ministry of Railways
Enforcement Date : 01-04-1978
Section 27(e)
Crime: Wrongfully removing or destroying any property forming part of the Mokameh unit, or any of the undertakings owned by Arthur Butler and Company.
Section 27(e)
Crime: Preferring any claim under this Act which one knows or has reason to believe to be false or grossly inaccurate
Section 27(d)
Crime: Failing to deliver to the Central Government, Government company or any other body so specified, any assets, books of account, registers or other documents relating to the Mokameh unit, or any of the undertakings owned by Arthur Butler and Company.
Section 27(c)
Crime: Wilfully withholding or failing to furnish to the Central Government, the Government company or any other body so specified, any document relating to the Mokameh unit, or any of the undertakings owned by Arthur Butler and Company.
Section 27(b)
Crime: Wrongfully obtaining possession of, or retaining, any property forming part of the Mokameh unit, or any of the undertakings owned by Arthur Butler and Company.
Section 27(a)
Crime: Wrongfully withholding property from the central government or new company
The British India Corporation Limited (Acquisition of Shares) Act, 1981
Enactment Date: 11-09-1981
Act Year: 1981
Ministry: Ministry of Textiles
Enforcement Date: 11-06-1981
Nationalisation
Short Title
The British India Corporation Limited (Acquisition of Shares) Act, 1981
Long Title
An Act to provide for the acquisition of certain shares of the British India Corporation Limited with a view to securing the proper management of the affairs of the Company and the continuity and development of the production of goods which are vital to the needs of the country and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 11-09-1981
Act Year: 1981
Ministry: Ministry of Textiles
Enforcement Date : 11-06-1981
Section 17(c)
Crime: Making any false statement in any book, account, record, register, return or other document.
Section 17(b)(ii)
Crime: Knowingly making any false statement while furnishing any information when required to do so.
Section 17(b)(i)
Crime: Omitting or failing to produce any register or record of the Company when required to do so.
Section 17(a)
Crime: Knowingly making a false or baseless claim for any payment under the Act
The Chaparmukh-Silghat Railway Line and the Katakhal-Lalabazar Railway Line (Nationalisation) Act, 1982
Enactment Date: 17-08-1982
Act Year: 1982
Ministry: Ministry of Railways
Enforcement Date: 17-08-1982
Nationalisation
Short Title
The Chaparmukh-Silghat Railway Line and the Katakhal-Lalabazar Railway Line (Nationalisation) Act, 1982
Long Title
An Act to provide for the acquisition of the undertakings of the Chaparmukh-Silghat Railway Company Limited in relation to the Chaparmukh-Silghat Railway Line and the undertakings of the Katakhal-Lalabazar Railway Company Limited in relation to the Katakhal-Lalabazar Railway Line with a view to securing the efficient operation of the said Railway lines so as to subserve the needs of the north-eastern areas of India and to protect the links of communication between the said areas and the rest of the country and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 17-08-1982
Act Year: 1982
Ministry: Ministry of Railways
Enforcement Date : 17-08-1982
Section 11(e)
Crime: Wrongfully removing or destroying any property forming part of any undertaking of either of Chaparmukh-Silghat Railway Company Limited or the Katakhal-Lalabazar Railway Company Limited.
Section 11(e)
Crime: Preferring any claim under this Act which one knows or has reason to believe to be false or grossly inaccurate
Section 11(d)
Crime: Failing to furnish to the Central Governmen or any person specified, any document, assets, books of account or registers relating to undertakings of the company
Section 11(c)
Crime: Wilfully withholding or failing to furnish to the Central Government or any person specified by that Government any document relating to such undertaking.
Section 11(b)
Crime: Wrongfully obtaining possession of, or retaining any property forming part of any undertaking of either of the Chaparmukh-Silghat Railway Company Limited or the Katakhal-Lalabazar Railway Company Limited.
Section 11(a)
Crime: Wrongfully withholding property from the central government or new company
The Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981
Enactment Date: 15-09-1981
Act Year: 1981
Ministry: Ministry of Heavy Industries and Public Enterprises
Department: Department of Heavy Industry
Enforcement Date: 23-06-1981
Nationalisation
Short Title
The Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981
Long Title
An Act to provide for the acquisition and transfer of the undertakings of the Dalmia Dadri Cement Limited with a view to securing the proper management of such undertakings so as to subserve the interest of the general public by ensuring the continued manufacture, production and distribution of cement which is essential to the needs of the economy of the country and matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 15-09-1981
Act Year: 1981
Ministry: Ministry of Heavy Industries and Public Enterprises
Department: Department of Heavy Industry
Enforcement Date : 23-06-1981
Section 28(f)
Crime: Preferring any false or grossly inaccurate claim under the Act.
Section 28(e)
Crime: Wrongfully removing or destroying any property forming part of the undertakings of Dalmia Dadri Cement Limited.
Section 28(d)
Crime: Failing to deliver any assets, books of account, registers or other documents in the person's possession, custody or control relating to the undertakings of Dalmia Dadri Cement Limited.
Section 28(c)
Crime: Wilfully withholding or failing to furnish any document or inventory relating to the undertakings of Dalmia Dadri Cement Limited.
Section 28(b)
Crime: Wrongfully obtaining possession of, or retaining, any property forming part of the undertakings of Dalmia Dadri Cement Limited.
Section 28(a)
Crime: Wrongfully withholding property from the Central Government or Cement Corporation of India.
The Hind Cycles Limited and Sen-Raleigh Limited (Nationalisation) Act, 1980
Enactment Date: 27-12-1980
Act Year: 1980
Ministry: Ministry of Heavy Industries and Public Enterprises
Department: Department of Heavy Industry
Enforcement Date: 15-10-1980
Nationalisation
Short Title
The Hind Cycles Limited and Sen-Raleigh Limited (Nationalisation) Act, 1980
Long Title
An Act to provide for the acquisition of the undertakings of the Hind Cycles Limited, and Sen-Raleigh Limited, with a view to securing the proper management of such undertakings so as to subserve the interests of the general public by ensuring the continued manufacture, production and distribution of bicycles, and their component parts and accessories which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 27-12-1980
Act Year: 1980
Ministry: Ministry of Heavy Industries and Public Enterprises
Department: Department of Heavy Industry
Enforcement Date : 15-10-1980
Section 27(e)
Crime: Preferring any claim which one knows or has reason to believe to be false or grossly inaccurate.
Section 27(e)
Crime: Wrongfully removing or destroying any property forming part of any undetaking of either of the two companies or prefers any claim which he knows or has reason to believe to be false or grossly inaccurate.
Section 27(d)
Crime: Failing to deliver to the Central Government or the Government company or any other body so specified, any assets, books of account, registers or other documents relating to the such undertaking.
Section 27(c)
Crime: Wilfully withholding or failing to furnish any document relating to such undertaking, to the Central Government, the Government company or any person or body of persons specified.
Section 27(b)
Crime: Wrongfully obtaining possession or retaining any property forming part of any undertaking of either of the two companies.
Section 27(a)
Crime: Wrongfully withholding property from the central government or new company
The Hooghly Docking and Engineering Company Limited (Acquisition and Transfer of Undertakings) Act, 1984
Enactment Date: 23-08-1984
Act Year: 1984
Ministry: Ministry of Shipping
Enforcement Date: 28-06-1984
Nationalisation
Short Title
The Hooghly Docking and Engineering Company Limited (Acquisition and Transfer of Undertakings) Act, 1984
Long Title
An Act to provide for the acquisition and transfer of the undertakings of the Hooghly Docking and Engineering Company Limited with a view to securing the better utilisation of the available infrastructure thereof, to modernise and increase the capacity for ship building and ship repairing so as to reduce the import of ships, vessels and craft and to augment the production of grey iron, non-ferrous and alloy castings by the said undertakings so as to subserve the interests of the general public by ensuring the continued supply of the said articles which are essential to the needs of the economy of the country, and for matters connected therewith and incidental thereto.
Basic Details
Enactment Date: 23-08-1984
Act Year: 1984
Ministry: Ministry of Shipping
Enforcement Date : 28-06-1984
Section 29(f)
Crime: Preferring any claim which one knows or has reason to believe to be false or grossly inaccurate.
Section 29(e)
Crime: Wrongfully removing or destroying any property forming part of any undetaking of either of the two companies or prefers any claim which he knows or has reason to believe to be false or grossly inaccurate.
Section 29(d)
Crime: Failing to deliver to the Central Government or the Government company or any other body so specified, any assets, books of account, registers or other documents relating to the such undertaking.
Section 29(c)
Crime: Wilfully withholding or failing to furnish any document relating to such undertaking, to the Central Government, the Government company or any person or body of persons specified.
Section 29(b)
Crime: Wrongfully obtaining possession or retaining any property forming part of any undertaking of either of the two companies.
Section 29(a)
Crime: Wrongfully withholding property from the Central Government or new company.
The Inchek Tyres Limited and National Rubber Manufacturers Limited (Nationalisation) Act, 1984
Enactment Date: 31-03-1984
Act Year: 1984
Ministry: Ministry of Heavy Industries and Public Enterprises
Department: Department of Heavy Industry
Enforcement Date: 14-02-1984
Nationalisation
Short Title
The Inchek Tyres Limited and National Rubber Manufacturers Limited (Nationalisation) Act, 1984
Long Title
An Act to provide for the acquisition and transfer of the undertakings of the Inchek Tyres Limited and the National Rubber Manufacturers Limited, with a view to securing the proper management of such undertakings so as to subserve the interests of the general public by ensuring the continued manufacture, production and distribution of tyres, tubes and other rubber goods which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 31-03-1984
Act Year: 1984
Ministry: Ministry of Heavy Industries and Public Enterprises
Department: Department of Heavy Industry
Enforcement Date : 14-02-1984
Section 27(e)
Crime: Wrongfully removing or destroying any property forming part of the undertakings of either of the two companies.
Section 27(e)
Crime: Preferring any claim which one knows or has reason to believe to be false or grossly inaccurate.
Section 27(d)
Crime: Failing to deliver any assets, books of account, registers or other documents in the person's possession, custody or control relating to the undertakings of either of the two companies.
Section 27(c)
Crime: Wilfully withholding or failing to furnish any document or inventory relating to the undertakings either of the two companies.
Section 27(b)
Crime: Wrongfully obtaining possession of, or retaining, any property forming part of, the undertakings of either of the two companies
Section 27(a)
Crime: Wrongfully withholding property from the Central Government or new company.
The Jute Companies (Nationalisation) Act, 1980
Enactment Date: 21-12-1980
Act Year: 1980
Ministry: Ministry of Textiles
Enforcement Date: 21-12-1980
Nationalisation
Short Title
The Jute Companies (Nationalisation) Act, 1980
Long Title
An Act to provide for the acquisition and transfer of the undertakings of the jute companies, specified in the First Schedule with a view to securing the proper management of such undertakings so as to subserve the interests of the general public by ensuring the continued manufacture, production and distribution of articles made of jute, which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 21-12-1980
Act Year: 1980
Ministry: Ministry of Textiles
Enforcement Date : 21-12-1980
Section 28(e)
Crime: Wrongfully removing or destroying any property forming part of the undertakings owned by any jute company.
Section 28(e)
Crime: Preferring any claim which one knows or has reason to believe to be false or grossly inaccurate.
Section 28(d)
Crime: Failing to deliver to the Central Government or the Government company or any other body so specified, any assets, books of account, registers or other documents relating to the such undertaking.
Section 28(c)
Crime: Wilfully withholding or failing to furnish any document relating to such undertaking, to the Central Government, the Government company or any person or body of persons specified.
Section 28(b)
Crime: Wrongfully obtaining possession of or retaining any property forming part of the undertakings owned by any jute company.
Section 28(a)
Crime: Wrongfully withholding property from the Central Government or new company.
The Lalit Kala Akadami (Taking Over of Management) Act, 1997
Enactment Date: 25-03-1997
Act Year: 1997
Ministry: Ministry of Culture
Enforcement Date: 24-01-1997
Nationalisation
Short Title
The Lalit Kala Akadami (Taking Over of Management) Act, 1997
Long Title
An Act to provide for the taking over of the management of the Lalit Kala Akadami for a limited period in the public interest and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 25-03-1997
Act Year: 1997
Ministry: Ministry of Culture
Enforcement Date : 24-01-1997
Section 8(e) r/w Section 4(6)
Crime: Failing to furnish information or particulars relating to the management of the society as required, without any reasonable cause.
Section 8(d)
Crime: Wilfully withholding from the Administrator or any person authorised under this Act any books, papers, works of art or other documents in one's possession, custody or control.
Section 8(d)
Crime: Failing to account to the Administrator or any person authorised under this Act for any books, papers, works of art or other documents in one's possession, custody or control.
Section 8(c)
Crime: Wilfully retaining or failing to deliver any property forming part of the society.
Section 8(c)
Crime: Removing or destroying any property forming part of the society.
Section 8(b)
Crime: Wrongfully obtaining possession of any property forming part of the society.
Section 8(a)
Crime: Wrongfully withholding property in one's possession, custody or control that forms part of the society from the Administrator or any person authorised under this Act.
The National Company Limited (Acquisition and Transfer of Undertakings) Act, 1980
Enactment Date: 19-07-1980
Act Year: 1980
Ministry: Ministry of Textiles
Enforcement Date: 27-04-1980
Nationalisation
Short Title
The National Company Limited (Acquisition and Transfer of Undertakings) Act, 1980
Long Title
An Act to provide for the acquisition and transfer of the undertakings of Messrs. National Company Limited with a view to securing the proper management of such undertakings so as to subserve the interests of the general public by ensuring the continued manufacture, production and distribution of articles made of jute, which are essential to the needs of the economy of the country and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 19-07-1980
Act Year: 1980
Ministry: Ministry of Textiles
Enforcement Date : 27-04-1980
Section 29(e)
Crime: Wrongfully removing or destroying any property forming part of the undertakings owned by the Company.
Section 29(e)
Crime: Preferring any claim under this Act which one knows or has reason to believe to be false or grossly inaccurate.
Section 29(d)
Crime: Failing to deliver any assets, books of account, registers or other documents relating to the undertakings owned by the Company, to the Central Government or the existing or new Government company, or any person or body of persons specified.
Section 29(c)
Crime: Wilfully withholding or failing to furnish any document relating to the undertakings owned by the Company, to the Central Government or existing, or new Government company, or any person or body of persons specified.
Section 29(b)
Crime: Wrongfully obtaining or retaining possession of any property forming part of the undertakings owned by the Company.
Section 29(a)
Crime: Wrongfully withholding property from the Central Government or new company.
The Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972
Enactment Date: 30-12-1972
Act Year: 1972
Ministry: Ministry of Heavy Industries and Public Enterprises
Department: Department of Heavy Industry
Enforcement Date: 31-03-1973
Nationalisation
Short Title
The Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972
Long Title
An Act to provide for the acquisition and transfer of the undertaking of the Richardson and Cruddas Limited, for the reconstruction of the register of its members and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 30-12-1972
Act Year: 1972
Ministry: Ministry of Heavy Industries and Public Enterprises
Department: Department of Heavy Industry
Enforcement Date : 31-03-1973
Section 24(g) r/w Section 3
Crime: Failing to comply with any order or direction made under this Act.
Section 24(f) r/w Section 3
Crime: Making a false or frivolous claim before the Tribunal with regard to the ownership of, or any right in, any share.
Section 24(e) r/w Section 3
Crime: Failing to furnish any return, statement or other information relating to the undertaking of the old company which has vested in the Central Government by this Act, upon being required in writing so to do.
Section 24(d) r/w Section 6
Crime: Wilfully failing to furnish an inventory as required by the Central Government or new company of the old company.
Section 24(d) r/w Section 6
Crime: Furnishing an inventory containing any particulars which are incorrect or false, when required by the Central Government or new company to furnish such inventory.
Section 24(c) r/w Section 5(2)
Crime: Wilfully withholding or failing to furnish to the Central Government, new company or any other specified person, any books, documents or other papers relating to the undertaking.
Section 24(b) r/w Section 3
Crime: Wrongfully obtaining possession of any property forming part of the undertaking which has been transferred to and vested in the Central Government by this Act.
Section 24(a) r/w Section 3
Crime: Wrongfully withholding property from the Central Government or new company
The Sick Textile Undertakings (Nationalisation) Act, 1974
Enactment Date: 21-12-1974
Act Year: 1974
Ministry: Ministry of Textiles
Enforcement Date: 01-04-1974
Nationalisation
Short Title
The Sick Textile Undertakings (Nationalisation) Act, 1974
Long Title
An Act to provide for the acquisition and transfer of the sick textile undertakings, and the right, title and interest of the owners in respect of the sick textile undertakings, specified in the First Schedule with a view to re-organising and rehabilitating such sick textile undertakings so as to subserve the interests of the general public by the augmentation of the production and distribution, at fair prices, of different verieties of cloth and yarn, and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 21-12-1974
Act Year: 1974
Ministry: Ministry of Textiles
Enforcement Date : 01-04-1974
Section 32(c)
Crime: Wrongfully removing or destroying any property forming part of any sick textile undertaking.
Section 32(c)
Crime: Knowingly preferring any false or grossly inaccurate claim under this Act.
Section 32(b)
Crime: Wrongfully obtaining possession of, or retaining, any property forming part of the sick textile undertaking.
Section 32(b)
Crime: Wilfully withholding or failing to furnish to the Central Government, the National Textile Corporation or any person specified by them, any document relating to such sick textile undertaking which may be in one's possession, custody or control.
Section 32(b)
Crime: Failing to deliver to the National Textile Corporation or any person specified by that Corporation any assets, books of account, registers or other documents in one's custody relating to the sick textile undertaking.
Section 32(a)
Crime: Wrongfully withholding property from the Central Government or new company.
Section 31(2) r/w Section 31(1)
Crime: Selling, mortgaging or otherwise transferring any property or other assets forming part of the specified sick textile undertakings without the previous approval of the Central Government.
The Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986
Enactment Date: 30-05-1986
Act Year: 1986
Ministry: Ministry of Textiles
Enforcement Date: 01-04-1985
Nationalisation
Short Title
The Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986
Long Title
An Act to provide for the acquisition and transfer of certain textile undertakings of the Swadeshi Cotton Mills Company Limited, with a view to securing the proper management of such undertakings so as to subserve the interests of the general public by ensuring the continued manufacture, production and distribution of different varieties of cloth and yarn and thereby to give effect to the policy of the State towards securing the principles specified in clauses (b) and (c) of article 39 of the Constitution and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 30-05-1986
Act Year: 1986
Ministry: Ministry of Textiles
Enforcement Date : 01-04-1985
Section 27(f)
Crime: Wrongfully removing or destroying any property forming part of any of the textile undertakings.
Section 27(f)
Crime: Preferring any claim which the person knows or has reasonable cause to believe to be false or grossly inaccurate.
Section 27(e)
Crime: Failing to deliver to the National Textile Corporation or any person or body of persons specified by that Corporation, any assets, books of account, registers or other documents relating to any of the textile undertaking.
Section 27(d)
Crime: Failing to deliver to the National Textile Corporation any inventory or property and assets forming part of any of the textile undertakings.
Section 27(c)
Crime: Willfuly withholding or failing to furnish any document or inventory relating to any of the textile undertakings which may be in one's possession, custody or control.
Section 27(b)
Crime: Wrongfully obtaining possession of, or retaining, any property forming part of the textile undertakings.
Section 27(a)
Crime: Wrongfully witholding property forming part of any of the textile undertakings from the National Textile Corporation.
The Textile Undertakings (Nationalisation) Act, 1995
Enactment Date: 08-09-1995
Act Year: 1995
Ministry: Ministry of Textiles
Enforcement Date: 01-04-1994
Nationalisation
Short Title
The Textile Undertakings (Nationalisation) Act, 1995
Long Title
An Act to provide for the acquisition and transfer of the textile undertakings, and the right, title and interest of the owners in respect of the textile undertakings, specified in the First Schedule with a view to augmenting the production and distribution of different varieties of cloth and yarn so as to subserve the interests of the general public and for matters connected therewith or incidental thereto.
Basic Details
Enactment Date: 08-09-1995
Act Year: 1995
Ministry: Ministry of Textiles
Enforcement Date : 01-04-1994
Section 31(c)
Crime: Wrongfully removing or destroying any property forming part of any textile undertaking.
Section 31(c)
Crime: Knowingly preferring any false or grossly inaccurate claim under this Act.
Section 31(b)
Crime: Wrongfully obtaining possession of, or retaining, any property forming part of the textile undertaking.
Section 31(b)
Crime: Wilfully withholding or failing to furnish any document relating to such textile undertaking to the Central Government, the National Textile Corporation or any person specified by them.
Section 31(b)
Crime: Failing to deliver any assets, books of account, registers or other documents in one's custody relating to the sick textile undertaking to the National Textile Corporation or any person specified by that Corporation.
Section 31(a)
Crime: Wrongfully withholding property from the central government or new company