Report No. 251
28. Hooghly Docking and Engineering Company Limited (Acquisition and Transfer of Undertakings) Act, Act 55 of 1984
Category: Nationalisation
Recommendation: Consider for Repeal
The Act provides for the acquisition and transfer of the undertakings of the Hooghly Docking and Engineering Company Limited with the Central Government. The purpose of this Act has been served insofar the nationalisation of the concerned entity was concerned. The Act does not contain provisions of the management of the nationalised entity.
Hence, this Act does not serve any continuing purpose with respect to the nationalised entity. As a matter of abundant caution, a study of all the nationalisation Acts should be done before with a view to consider repeal of these Acts. If necessary, a suitable savings clause should be inserted in the repealing Act.