1. Short title and commencement.—(1) This Act may be called the Bengal Chemical and
Pharmaceutical Works Limited (Acquisition and Transfer of Undertakings) Act, 1980.
(2) It shall come into force on such date1
as the Central Government may, by notification, appoint.
2. Definitions.—In this Act, unless the context otherwise requires,—
(a) “appointed day” means the date on which this Act comes into force;
(b) “Commissioner” means the Commissioner of Payments appointed under section 16;
(c) “Company” means the Bengal Chemical and Pharmaceutical Works Limited, being a
company as defined in the Companies Act, 1956 (1 of 1956), and having its registered office
at 6, Ganesh Chunder Avenue, Calcutta-700013;
(d) “existing Government company” means a Government company which is carrying on
business on the appointed day;
(e) “new Government company” means a Government company formed and registered on or after
the appointed day;
(f) “notification” means a notification published in the Official Gazette;
(g) “prescribed” means prescribed by rules made under this Act;
(h) “specified date” means such date as the Central Government may, for the purpose of any of
the provisions of this Act, by notification, specify, and different dates may be specified for different
provisions of this Act;
1. 15th December, 1980, vide notification No. S.O. 962(E), dated 12th December, 1980 see Gazette of India, Extraordinary, Part
II, sec. 3(ii), p.1882.
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(i) words and expressions used herein and not defined, but defined in the Companies
Act, 1956 (1 of 1956), have the meanings, respectively, assigned to them in that Act.