The Faridabad Development Corporation Act
An Act to provide for the establishment and regulation of a trading Corporation for the purpose of carrying on and promoting trade and industry in the town of Faridabad, assisting in the rehabilitation of displaced persons settled therein and for matters connected therewith.1956
List of Chapters & Sections
All sections
1Short title2Definitions3Incorporation4Constitution of the Corporation5Term and conditions of service of member6Disqualification for being appointed, or for continuing as, member of the Corporation7Temporary absence of any member8Vacancies amongst members or defect in the constitution not to invalidate acts or proceedings of the Corporation9Committees of the Corporation10Meetings of the Corporation11Authentication of orders and other instruments of the Corporation12Appointment of Administrator and other officer of the Corporation13General duty of the Corporation14Powers of the Corporation15Capital of the Corporation16Grants and loans to the Corporation17Vesting of property in the Corporation18Repayment of capital and loan with interest19Corporation to have rights and liabilities of the Central Government in certain cases20Fund of the Corporation21Provision for depreciation and reserve and other funds22Power of the Corporation to spend23Budget24Annual report25Accounts and audit26Amount due to the Corporation to be first charge27Direction28Returns and reports29Mode of recovery of moneys due to the Corporation30Delegation of powers31Members and officers of the Corporation to be public servants32Removal of disqualification for membership of Parliament33Bar of legal proceedings34Validation of certain transactions35Power to remove difficulties36Power to make rules