WC ActCentral laws1962
The Warehousing Corporations Act, 1962
An Act to provide for the incorporation and regulation of corporations for the purpose of warehousing of agricultural produce and certain other commodities and for matters connected therewith.
Act No. 58 of 1962 · Ministry of Consumer Affairs, Food and Public Distribution
- Sections
- 45
- Chapters
- 5
Contents
IIThe Central Warehousing Corporation§ 3–1715 sections
- 3The Central Warehousing Corporation.
- 4Share capital and shareholders.
- 5Shares to be guaranteed by Central Government and to be trust or approved securities.
- 6Management of Central Warehousing Corporation.
- 7Directors.
- 8Disqualification for office of director of the Central Warehousing Corporation.
- 9Removal of directors from office.
- 10Appointment of officers, etc., and their conditions of service.
- 11Functions of Central Warehousing Corporation.
- 12Executive Committee.
- 13Meetings of the Corporation.
- 14Grants and loans by the Central Government.
- 15Corporation to maintain two funds.
- 16Warehousing Fund.
- 17General Fund.
IIIState Warehousing Corporations§ 18–258 sections
- 18State Warehousing Corporations.
- 19Share capital and shareholders.
- 20Management of a State Warehousing Corporation.
- 21Disqualification for office of director of the Corporation.
- 22Removal of directors from office.
- 23Appointment of officers, etc., and their conditions of service.
- 24Functions of the State Warehousing Corporation.
- 25Executive Committee.
VMiscellaneous§ 32–4312 sections1 repealed
- 32Vacancies, etc., not to invalidate acts and proceedings of Warehousing Corporations.
- 33Delegation.
- 34Voting rights of shareholders.
- 35Disputes between Central Warehousing Corporation and State Warehousing Corporation.
- 36Declaration of fidelity and secrecy.
- 37Indemnity of directors.
- 38Omitted.(Repealed)
- 39Provisions relating to income-tax and super-tax.
- 40Winding up of Warehousing Corporations.
- 41Power to make rules.
- 42Power of Warehousing Corporations to make regulations.
- 43Repeal and savings.