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The National Dairy Development Board Act, 1987

Central

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.

Act number
37 of 1987
Ministry
Ministry of Agriculture and Farmers Welfare
Department
Department of Animal Husbandry and Dairying
Enacted
15 Sep 1987

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

50 sections

  1. Section 1Short title and commencement.
  2. Section 2Declaration of National Dairy Development Board as an institution of national importance.
  3. Section 3Definitions.
  4. Section 4Incorporation of National Dairy Development Board.
  5. Section 5Vesting of undertakings of Indian Dairy Corporation in National Dairy Development Board and dissolution of Indian Dairy Corporation.
  6. Section 6Effect of incorporation of National Dairy Development Board.
  7. Section 7Saving of legal proceedings.
  8. Section 8Management of National Dairy Development Board and composition of its Board of Directors.
  9. Section 9Terms of office and conditions of service, etc., of Chairman and directors.
  10. Section 10Meetings of Board.
  11. Section 11Manner of transacting business of Board.
  12. Section 12Management committees.
  13. Section 13Allowances, etc., of members of management committees.
  14. Section 14Delegation of powers to management committees, etc.
  15. Section 15Delegation of powers to whole-time directors, etc.
  16. Section 16Powers and functions of National Dairy Development Board.
  17. Section 17Provisions regarding members of board of society and directors of dissolved company.
  18. Section 18Provisions relating to officers and other employees of society and of dissolved company.
  19. Section 19Power of Board to restructure and streamline organisational and functional set-up of National Dairy Development Board to secure utmost efficiency in functioning.
  20. Section 20Schemes regarding compensation to redundant employees, etc.
  21. Section 21Compensation for transfer of employees not payable.
  22. Section 22Provident fund, gratuity, welfare and other funds.
  23. Section 23Borrowing powers of Board.
  24. Section 24Grants and loans by Central Government.
  25. Section 25Grants, donations, etc.
  26. Section 26National Dairy Development Board Fund.
  27. Section 27Preparation of accounts and balance-sheet.
  28. Section 28Audit.
  29. Section 29Reports to be laid before Parliament.
  30. Section 30Power to call for repayment before agreed period.
  31. Section 31Special provisions for enforcement of claims by National Dairy Development Board.
  32. Section 32Defects in appointments not to invalidate acts, etc., of Board.
  33. Section 33Protection of acts done in good faith.
  34. Section 34Indemnity of directors.
  35. Section 35Obligation as to fidelity and secrecy.
  36. Section 36Recruitment of additional officers and other employees.
  37. Section 37Liquidation only under orders of Central Government.
  38. Section 38Delegation of certain powers by Central Government.
  39. Section 39Transitional provisions for auditors.
  40. Section 40Transitional provisions with regard to Chairman and Board.
  41. Section 41Management or assistance to others to continue.
  42. Section 42Mother Dairy to be a subsidiary unit of National Dairy Development Board.
  43. Section 43Formation of companies with previous approval of Central Government.
  44. Section 44Omitted
  45. Section 45Returns.
  46. Section 46Power to make schemes and regulations regarding service matters retrospectively.
  47. Section 47Act to have overriding effect.
  48. Section 48Power to make regulations.
  49. Section 49Power to remove difficulties.
  50. Section 50Schemes and regulations to be laid before Parliament.