Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act,1981

Act No : 31

---

Section : PENALTIES

SECTION 28: PENALTIES

Any person who. -

(a) having in his possession, custody or control any property forming part of any undertakings of the Company, wrongfully withholds such property from the Central Government or the Cement Corporation; or

(b) wrongfully obtains possession of. or retains, any properly forming part of. the undertakings of the Company: or

(c) wilfully with holds or fails to furnish to the Central Government or the Cement Corporation or to any person or body of persons specified by that Government or the Cement Corporation as the case may be any document or inventory relating to the undertakings of the Company, which may be in his possession, custody or control: or

(d) fails to deliver to the Central Government or the Cement Corporation or to any person or body of persons specified by that Government or the Cement Corporation, any assets, books of account, registers or other documents in his possession, custody or control relating to the undertakings of the Company: or

(e) wrongfully removes or destroys any property forming part of the undertakings of the company:
or

(f) prefers any claim under this Act which he knows or has reasonable causes to believe to be false or grossly inaccurate. shall be punishable with imprisonment for a term which may extend to two years, or with fine which may extend to ten thousand rupees or with both.

---

Read All Comments

Comments

Quick Links

• Recent Comments
• Recent Citations
• Bare Acts Alphabetically