The Faridabad Development Corporation Act, 1956

Summary of the Faridabad Development Corporation Act, 1956

Key Provisions:

1. Establishment of the Corporation

o The Act established the Faridabad Development Corporation as a body corporate with perpetual succession and a common seal.

o The Corporation was empowered to acquire, hold, and dispose of property, enter into contracts, and sue or be sued in its corporate name.

2. Functions of the Corporation

o The Corporation was entrusted with:

 Planning and developing the township.

 Constructing and maintaining roads, buildings, water supply, drainage, and other civic infrastructure.

 Developing residential, commercial, and industrial areas.

 Providing public amenities and essential services.

3. Powers of the Corporation

o The Corporation was authorised to acquire land, execute development schemes, construct public works, and undertake activities necessary for the development of Faridabad.

4. Management and Administration

o The Act provided for the constitution of the Corporation, including the appointment of a Chairman, and other members not less than or and not more than eight.

o It prescribed their powers, duties and the manner in which the Corporation's affairs were to be managed.

5. Financial Provisions

o The Corporation was empowered to receive grants, loans, and other financial assistance from the Central Government and other sources.

o It was required to maintain proper accounts, prepare annual budgets and reports, and have its accounts audited.

6. Rule-Making Power

o The Central Government was empowered to make rules for carrying out the purposes of the Act.

o The Corporation could also frame regulations for its internal administration, subject to the provisions of the Act.