The Andhra Pradesh State Development Corporation Act, 2020

Preamble

THE ANDHRA PRADESH STATE DEVELOPMENT CORPORATION ACT, 2020 ACT No. 33 OF 2020 ARRANGEMENT OF SECTIONS SECTIONS CHAPTER I PRELIMINARY 1. Short title, extent and commencement 2. Definitions CHAPTER II STATUTORY STATUS. STRENGTHENING, CONDUCT OF BUSINESS AND EMPLOYEES OF THE CORPORATION 3. Statutory status, and strengthening of APSDC Ltd., 4. Shareholding Pattern and Board of Directors 5. Provisions for inviting Officers of Government 6. Officers and Employees of the Corporation 7. Authentication of orders etc., of the Corporation a CHAPTER III OBJECTIVES AND SCOPE OF ACTIVITIES 8. Objectives of the Corporation 9. Financing to the Corporation 10. Core Activities of the Corporation CHAPTER IV PROPERTY, ASSETS, LIABILITIES AND OBLIGATIONS 11. Transfers of assets and liabilities of the Government to the Corporation CHAPTER V FUNCTIONS AND POWERS 12. Government to vest or entrust schemes and revenues to the Corporation 13. Functions of the Corporation 14. Powers of the Corporation CHAPTER VI FINANCE, ACCOUNTS AND AUDIT 15. Application of Corporation assets etc., 16. Contribution of government to Corporation 17. Reserve and other funds 18. State Government as guarantor 19. Accounts and audit 20. Concurrent and Special audit of Accounts CHAPTER VII MISCELLANEOUS AND SUPPLEMENTARY PROVISIONS 21. Annual Reports 22. Other activities of the Corporation 23. Prosecution 24. Dues to be recovered as an arrears of land revenue 25. Public Notices how to be made known 26. Default in performance of duty 27. Authority for prosecution 28. Compounding of offences by Corporation 29. Delegation of powers of Corporation 30. Protection of action taken in good faith 31. Chairman, Vice-Chairman & Managing Director, Members & Officers etc., to be public servants 32. Power to make rules 33. Power to make regulations MiaCol 34. Power to remove doubts and difficulties 35. Dissolution of the Corporation 36. Repeal of Ordinance No. 14 of 2020 and saving THE ANDHRA PRADESH STATE DEVELOPMENT CORPORATION ACT, 2020 ACT No. 33 OF 2020 (23rd December, 2020) AN ACT TO PROVIDE STATUTORY STATUS TO AND FOR STRENGTHENING THE ANDHRA PRADESH STATE DEVELOPMENT CORPORATION (APSDC) FOR THE PURPOSES OF PLANNING, FUNDING AND FINANCING THE ECONOMIC AND SOCIAL DEVELOPMENT PROJECTS AND ACTIVITIES IN ALIGNMENT WITH SUSTAINABLE DEVELOPMENT GOALS; FOR ENTRUSTING OF SCHEMES TO THE CORPORATION; FOR ASSIGNMENT OF REVENUES TO THE CORPORATION; FOR RAISING FINANCES FOR SOCIAL WELFARE AND DEVELOPMENT PROJECTS IN THE STATE OF ANDHRA PRADESH AND FOR MATTERS CONNECTED THEREWITH AND ANCILLARY THERETO. Be it enacted by the Legislature of the State of Andhra Pradesh in the Seventy-first Year of the Republic of India as follows,- CHAPTER I PRELIMINARY de

Sections

Type to filter. 36 sections.

1. 1Short title, extent and commencement
2. 2
3. 3
4. 4
5. 5
6. 6Officers and Employees of the Corporation
7. 7
8. 8
9. 9
10. 10
11. 11Transfer of assets and liabilities of the Government to the Corporation
12. 12Government to vest or entrust schemes and revenues to the Corporation
13. 13Functions of the Corporation
14. 14Powers of the Corporation
15. 15
16. 16
17. 17Reserve and other funds
18. 18
19. 19Accounts and Audit
20. 20Concurrent and Special audit of Accounts
21. 21
22. 22
23. 23
24. 24
25. 25
26. 26Default in performance of duty
27. 27
28. 28
29. 29
30. 30
31. 31
32. 32Power to make rules
33. 33
34. 34Power to remove doubts and difficulties
35. 35Dissolution of the Corporation
36. 36