The Odisha Escheats Act, 1979
Preamble
The Odisha Gazette EXTRAORDINARY PUBLISHED BY AUTHORITY *The Odisha Escheats Act, 1979 An Act to provide for taking charge, management and disposal of property vested in the State by escheat, lapse or as bona vacantia and for matters incidental thereto CONTENTS ACTS : 1. Short title, extent, application and commencement 2. Definitions 3. Prohibition of alienation etc 4. Superintendence by the Board of Revenue 5. Information regarding escheated property 6. Taking charge 7. General notice 8. Reference to Civil Court 9. Finding of Court as to escheat 10. Prohibition of interlocutory orders 11. Custodian to manage 12. Filing of suits 13. Declaration of escheat by the Custodian 14. Power to make rules 15. Protection of action taken under this Act 16. Penalties 17. Repeal and saving SCHEDULE (Enactments repealed) Be it enacted by the Legislature of the State of Odisha in the Thirtieth Year of the Republic of India as follows : Statement of Objects and Reasons -No uniform procedure is available at present for regulation, control and management of escheated property. The regulations in force, i.e., Bengal Wills and Intestacy Regulation, 1799, Bengal Charitable Endowments, Public Buildings and Escheats Regulation, 1810, Madras Administration of Escheats Regulation, 1802 and Madras Endowment and Escheats Regulation, 1817 have not been extended to the ex-State areas. Consequently there is no written law relating to escheat in some of the ex-State areas whereas in others customs and usages largely govern the procedure in this regard. Therefore, the proposed legislation has been sponsored to have a uniform set of provisions throughout the State for determining as to whether or not a particular property has been escheated and for the regulation, control and management of escheated properties. The proposed legislation will also supersede the existing rules and regulations on the subject in force in different parts of the State. The present Bill seeks to achieve the above objective.
Sections
Type to filter. 17 sections.
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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. Every one of the 17 sections of this Act has its own page. This page is not a substitute for legal advice.