View All - 1974 Acts Section No : Acts & Ordinances COMPANIES (SPECIAL PROVISIONS) LAWMarginal Notes1. This Law may be cited as the Companies (Special Provisions) Law, No. 19 of 1974.2. Certain prohibitions on companies, subject to certain exemptions, unless they are incorporated under the principal enactment. 3. Power of Minister to issue a issue a direction of exemption. 4. Power of Minister to revoke a direction of exemption, 5. Certain lands transferred by foreign companies not to be taken into account in applying the ceiling under Land Reform Law. 6. Vesting Order under this Part. 7. Appointment of a competent authority. 8. Taking possession of the whole or any part of any undertaking vested in the Government by virtue of the operation of a vesting Order under this Part. 9. Notice to persons to make claims to the compensation payable under this Law in respect of the whole or any part o f the undertaking of any company vested in the government by virtue of the operation of a vesting order under this part 10. Reference to the Tribunal for an award as to compensation in respect of the whole or any part of the undertaking of any company vested in the Government by virtue of the operation of a vesting Order under this Part. 11. Special powers for taking possession of property on behalf of the Government. 12. Constitution of Compensation Tribunal arid appointment of Secretary, &c. 13. Meetings of the Tribunal. 14. Recommendations of the Chief Valuer to be obtained 15. Proceedings before the Tribunal 16. Determination of the Tribunal. 17. Procedure and practice before a Tribunal. 18. Provisions to be complied with by the Tribunal before making an award on a reference made to it, 19. An award as to compensation by the Tribune) on a reference. 20. Payment of compensation. 21. Deductions from compensation. 22. Workmen employed in transferred undertakings. 23. Expenses of the administration of this Law.24. Protection for action taken under this Law or on the direction of a competent authority. 25. Special provisions in respect of offences committed by bodies of persons. 26. This Law to prevail over certain instruments and the principal enactment.27. This Law to prevail over certain instruments and the principal enactment.