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LAWGIST

The National Dairy Development Board Act

An Act to declare the institution known as the National Dairy Development Board in the State of Gujarat to be an institution of national importance and to provide for its incorporation and for the vesting in that body corporate of the undertakings of the Indian Dairy Corporation with a view to provide for the administration and the carrying on of the functions to be performed by the body corporate more effectively throughout the country and for matters connected therewith and incidental thereto.
1987
List of Chapters & Sections

  1. PRELIMINARY

  2. 1
     Short title and commencement
  3. 2
     Declaration of National Dairy Development Board as an institution of national importance
  4. 3
     Definitions

  • THE NATIONAL DAIRY DEVELOPMENT BOARD

  • 4
     Incorporation of National Dairy Development Board
  • 5
     Vesting of undertakings of Indian Dairy Corporation in National Dairy Development Board and dissolution of Indian Dairy Corporation
  • 6
     Effect of incorporation of National Dairy Development Board
  • 7
     Saving of legal proceedings

  • MANAGEMENT OF THE NATIONAL DAIRY DEVELOPMENT BOARD

  • 8
     Management of National Dairy Development Board and composition of its Board of Directors
  • 9
     Terms of office and conditions of service, etc., of Chairman and directors
  • 10
     Meetings of Board
  • 11
     Manner of transacting business of Board
  • 12
     Management committees
  • 13
     Allowances, etc., of members of management committees
  • 14
     Delegation of powers to management committees, etc
  • 15
     Delegation of powers to whole-time directors, etc

  • POWERS AND FUNCTIONS OF THE NATIONAL DAIRY DEVELOPMENT BOARD

  • 16
     Powers and functions of National Dairy Development Board

  • PROVISIONS RELATING TO DIRECTORS AND EMPLOYEES OF THE NATIONAL DAIRY DEVELOPMENT BOARD

  • 17
     Provisions regarding members of board of society and directors of dissolved company
  • 18
     Provisions relating to officers and other employees of society and of dissolved company
  • 19
     Power of Board to restructure and streamline organisational and functional set-up of National Dairy Development Board to secure utmost efficiency in functioning
  • 20
     Schemes regarding compensation to redundant employees, etc
  • 21
     Compensation for transfer of employees not payable
  • 22
     Provident fund, gratuity, welfare and other funds

  • FINANCE, ACCOUNTS AND AUDIT

  • 23
     Borrowing powers of Board
  • 24
     Grants and loans by Central Government
  • 25
     Grants, donations, etc
  • 26
     National Dairy Development Board Fund
  • 27
     Preparation of accounts and balance-sheet
  • 28
     Audit
  • 29
     Reports to be laid before Parliament
  • 30
     Power to call for repayment before agreed period
  • 31
     Special provisions for enforcement of claims by National Dairy Development Board

  • MISCELLANEOUS

  • 32
     Defects in appointments not to invalidate acts, etc., of Board
  • 33
     Protection of acts done in good faith
  • 34
     Indemnity of directors
  • 35
     Obligation as to fidelity and secrecy
  • 36
     Recruitment of additional officers and other employees
  • 37
     Liquidation only under orders of Central Government
  • 38
     Delegation of certain powers by Central Government
  • 39
     Transitional provisions for auditors
  • 40
     Transitional provisions with regard to Chairman and Board
  • 41
     Management or assistance to others to continue
  • 42
     Mother Dairy to be a subsidiary unit of National Dairy Development Board
  • 43
     Formation of companies with previous approval of Central Government
  • 44
     Omitte
  • 45
     Returns
  • 46
     Power to make schemes and regulations regarding service matters retrospectively
  • 47
     Act to have overriding effect
  • 48
     Power to make regulations
  • 49
     Power to remove difficulties
  • 50
     Schemes and regulations to be laid before Parliament