Recognition as holder of port securities in certain cases and legal effect thereof
Section 36 of the Major Port Authorities Act, 2021 deals with recognition as holder of port securities in certain cases and legal effect thereof. The person to whom a duplicate or new security has been issued under the regulations made by the Board shall be deemed for the purposes of sub-section (2) to have been recognised by the Board as the holder of the security; The Act came into force on 03 Nov 2021.
(1) The person to whom a duplicate or new security has been issued under the regulations made by the Board shall be deemed for the purposes of sub-section (2) to have been recognised by the Board as the holder of the security; and a duplicate security or a new security so issued to any person shall be deemed to constitute a new contract between the Board and such person and all persons deriving title thereafter through him.
(2) No recognition by the Board of a person as the holder of a port security shall be called in question by any court so far as such recognition affects the relations of the Board with the person recognised by it as the holder of a port security or with any person claiming an interest in such security; and any such recognition by the Board of any person shall operate to confer on that person a title to the security or securities subject only to a personal liability to the rightful owner of the security for money had and received on his account.
Section 36, The Major Port Authorities Act, 2021 (Act 1 of 2021).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Referred to by 2
Questions about Section 36
What does Section 36 of the Major Port Authorities Act deal with?
Section 36 of the Major Port Authorities Act is headed "Recognition as holder of port securities in certain cases and legal effect thereof". The person to whom a duplicate or new security has been issued under the regulations made by the Board shall be deemed for the purposes of sub-section (2) to have been recognised by the Board as the holder of the security;
How do I find court cases under Section 36 of the Major Port Authorities Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Major Port Authorities Act 36, section 36 Major Port Authorities Act, section 36 of the Major Port Authorities Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 36 of the Major Port Authorities Act, and has it changed?
2 other provisions in this corpus refer back to it.
When did Section 36 of the Major Port Authorities Act come into force?
Section 36 of the Major Port Authorities Act, cited as Major Port Authorities Act 36, came into force on 03 Nov 2021, having been enacted on 17 Feb 2021. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions1028 words
- 75. Repeal and savings581 words
- 54. Constitution of Adjudicatory Board571 words
- 68. Power to evict certain persons from premises of Board484 words
- 26. Powers of Board in respect of planning and development462 words
- 21. Board to be deemed as successor of Board of Trustees of Major Port461 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 16 Oct 2026. This page is not a substitute for legal advice.