--,,",;,,,",,,l_"'9v"·--• u;w~  corrigenda tothe metal corporation ,of india (acquisi tion of undertaking) bill, 1 g66 (to be/as 1ntroduoed in lok sabha) ! 1 page 4, line 2, m "for" read "or" 2 page 4,'!2!: _11ne:~, read rtprovided;'that if the alteration t'  -" : , ~" t,;'" ,  1, ,so made is not ,~ce~ptable to, any" - -' -; -: " --: -,': ~ ::~:  ~:  3  pagec, line 9·~tor trcompnsation" rasa' ~lcompensat1onr ", , - ' , '  ~  -"" 4 page ft, lines '9 and 10, ~ "undr-takinglt read "undertaking" 5 page 9 line 1 atter "may be" ~'it" read ifit " --' " '~ page 9, line ,22, m iipurpoting" read' ttpurporting" 7 - correct line numbers on pages" 4 and 7 ,:" ~~: ,  new delhi·'  nevember z, 1966'  kartlka 11, 1888 ($pka) ~~ :   :', nov l~bb, '  bw ,he' 73' 61196' the metal corporation of india" (acqulsitio}lf ~i: , of undertahing)bill,i96(sfi",l "qf::' "~ -   '  ~: r:\ ;'; i '  r~ ' •• 'x (o~~tso~ r:""r" _ ,r,  blllta p7'ovide for the acquirition of tu undertaking of the metal corpo7'ation of india limited for the p"",o,e t1f eublitag the cen-ual government in the public inte7'ebt to e~loit, to the fullm extent possible, zinc and lead deposits in and a7'ound the zawar area in the state of ra;4bth4f1 lind to utilise thoae minerall in " such" manne7' as to subserve the common good be it enacted by parliament in the seventeenth year of the republic of india as follows:- chapter i prnt'minary " 1 (1) thi~ ~c~ may ~e called th~ metal corporation of india shari title idd _, (acquisition of undertaking) act, 1966 l eaja1imd-cllllaldt (2) it shall be deemed to have come into force on the 22nd day of october, 1965, except section 17 which shall be deemed to have come into force on the 13th day of september, 1966 definitions z in this act, unless the context otherwise requires,-(a) "administrator" means an administrator appointed 5 under section 13; (b) "commencement of this act" means the 22nd day of october, 1965; (c) "company" or "the metal corporation of india" means the metal corporation of india limited, being a company as 10 defined in the companies act, 1956, having its registered office at calcutta; (d) "tribunal" -means the tribunal constituted under section 11; (e) words and expressions used but not defined in this act is and defined in the companies act, 1956, shall have the meanings 1 respectively assigned to them in that act  chapi'er ii aoqoitiluon -or the undertaking of the metal corporation of india_2 on fiae 22nd ·day of october 1965, the undertaking of the_ ~om· pany shall, ,by virtue of this act, be deemed to }lave been transferred to, and vested in, the central government underjlk· ini of company to vest in central government geneml effect ,ot vesting under section 9 ·4 '(1) "the wmlerta'king of tile eempally "hall he teemed to clwale all aaets ri~hts, leaseholds (in~ladine' miaingleases if any), powers wiifdioritiew ad driviler~ all4j andntlertv~ liio:vah1e and 'iinn  vtfme i'tm4hine- lands, 'btil1diwe's wm'k,miftm work"ho, proiects sjrelften 'i"e'finer1e5, s~ instnjlrents, _~h"'erv, yocomojives automobiles alld other vehldes, mined or extract" zinc: or leai1 ore~, concentrates and metals ba proeea or in tm'k ij~ bi tran~it cash balan('es cash on hand reserve fund, inve:cimelils and book debt\; and r 11 oth~r rie1lftl -jdui inte~ts ari!dnlc out of ~h property as were immediatelv ·1tefere the commencement of this i\d ,10  in the ownershiu dos~cion, power or control of the comnany fa - reldlon to the underta'khllc wbether within or wiflloot i~ all book~ of accolj11t, resnstet'st maps" plan~, ~tions,'drawlnp, _  of survey and au oth(!t d9c1j]ljents 91 whatever nature re  atlll,~ tmet~ andl sballi ajiao b& deem_ to ilklade· au ,~ iia~  obmptiks- of wbatev  thea  sid  ef ,  " ib· relation to tjae muhwntkift,; : ' ,_ (4) ali p~ ineludat- a& afopeb: in- tbe-11iltferthine' wu:h s _ ~ia ",cedtral& g~t antler sedl8ll 3' shad; by fotte"-06~:  1\ be-beed ami discharged hem any tnsts, o~ idoj'tgages, ~ iie- andl 0  eaddn_uees a&ectidg it, iiiui- a  -mat, illjaacti  9p ab7' d8e'l'ee-oi" 0i"tifr of a-evart estrittl ing the use of such property in any manner shaii,-, deemed - ,iurte-10 been withdrawn (3) subject t  the othir- dl'ovisions con"'" , ~ ~ alii  tmcts and; workida; arzallfd'lii8ilf& wwch an suljsis~ i-wi;, before the co:nun-mrient of thisht  affbatbw die· n p "-'f8 shall, in so far as they relate to the undertaking of the company~· i~ c  tabarire •• v  'be> iillfsreajlie ag  th· eoalpatiy"or adji ,,"&oj w __  01' tia ~ tie- perf81ift&1i'w tfieteul'l ami shall be oi  fujl· lire act eftci acaidst- or iir- firrollt' ~ ~v c  qouuiwi  8jldi enfwuftb1a-as1wi7 antp efla-taauy· ass if: __ of tim: campa,  ~j goftl"lullellt bet beeir- name,d'  20: therein or had b8e1118& par die_~· "'  ' (4) subject to 'the other provisions contained in this act,-8d¥ p~ or cause of" action pending or existing immediatet, bef  the commencement of' tills act by or apinst the c0idp8d7 id relatioa 10' itr 1ljidm1akibg may, as from such codudellcelllet" he cooti~~_ 2s aod'enfbned by or agaidst tlie central government as ~t nii •• hap: been enforced,'}'y or against the complldj if this ad had dot bmtd;-pissecp,' add-siail cease to be enf~rceabl b~ or ,inst the comla;'!', its surety or guarantor ' 5: (7} ~ery of'iieer or other employee of the compan~ (excepd a·provl~lodtl ~o director or any managerial personnel specified in sectioal97a o£respectffi,-the companies act, 1956, or any other gehon entjtjed·to,mlulal'e the of!f:::_ whole or a substantial part of the business of the company under a :~oyee, so-ial ~t) in the employment of the eompan, imiiledia~ly of the befo  tlla congdlldcemeat:" this-alets stll, in se-far-azr s1rh'empiuy_ company; 35, isempioj'edl id codnooil with th& atlairs of ~ 1ijitiertbiddg'of" compbdy~  me 88· fl'gld1 sua commedcemell~ ad ofiicer or' other' emgl05ee, u the· case ~ be, of the- central goetnment met shall holdt jua oliot br ti- same t8llul'e, at the same remuneration ~ ~ p1hi18id'sr 88, t pen-eml &dill ~u: an~ other matters as he woolii' \ ujod: the  taiims anr conditions and with the· same rights- anti' - t, liave held undee 1iie  'o_r' ii' thiio act ""'" - '- _ •• r shall continue to do so unless and until his employment in tbe cen tral government is terminated for until his remuderation, tenp and conditions are duly altered by the central govemmeat: provided further that nothing con1ained in this section shall apply such ~fficer or s,nployee, his employment may be terminated by the s central' government on payment to him by the central government of compensation equivalent to three months' nmuneration in the ~&e of permanent employees, and one month's remuneration in the case of other employees: provided further that nothing contained in this section shall apply 10 to any officer or other employee who has, by notice in writing given to the central government within thirty days next followin the commencement of this act, in'timated his intention of not becoming an officer or other employee of the central govemmeni ,  , (2) notwithstanding anything contained in the industrial dis- is putes act, 1947, or in any other law for the time beidg in toree, the 141 f transfer of the services of any otlicer or other employee of the 0 ," ' company shall dot entitle any such otlicer or, employee to any eom-pensation liiider that act' or other law, and do sam claim shad be entertained by ani court, trib1lllb1 or other authorit, ' 20 being in force, no director oj" managerial personnel specified in section 197 a of the companies act, 1956, or other person 'entitled tp manage the whole or a substantial part of the business and affairs 10ft 6 notwithstanding anything contained in any law for the time directors and man· aging agents not entitled to com, penaticm of the company under a special agreement shall be entitled to any 2s compensation against the company or the central government for ' the loss of office or for the premature termination of any contract of management entered 'into by him with the company 7 (1) where any property has vested in the central go~mment ~~to under section 3, ev~ry' ;p8rson in whose possession or custody or 3 } , possesalon under' whose control' the' property may be, shall deliver the property ,9' proto the central government forthwith )perty acquired and documents relating thereto (2) any person who, on the commencement of this act, has in his possession or under his control any books, documents or other papes relating to the' company which' have vested in the central 35 government under this act and which belong to the company or would have so belonged if the undertaking of the company had not vested in the central government shall be liable to account for the said books, documents and papel'8 to the central government and shall deliver them up to the central government or to such ~rsod 40 as the central government may specify in this behalf (3) the central government may take all necessary steps for securing possession of all properties which have vested in that government under section 3 8 the company, shall, within such period as the central govern- ~ty to ' i 5 ment may allow in this behalf, furnish to that government a complete f~h inventory of all the properties and assets (including particulars of r:~cubook debts and investments and belongings) of the company at the  commencement of this act, all liabilities and obligations of the company subsisting at such commencement and also of all 10 agreements entered into by the company and ~ force on such commencement including agreements, whether express or implied, relating  to leave, pension, gratuity and other terms of service of any officer or other employee of the company under which, by virtue of this act, the central government has, or will 15 have, or may bave, liabilities except such agreements as that gov-, • emment 'may  exclud~ from the operation of this section, and far  ~ this purpose;theceptr81 government shall afford the company all reasonable facilities • (1) where it appears to the central government that the right ot 20 making of any agreement under which the company has or will have governor may have liabilities was not reasonably necessary for the pur- :e~ poses of the activities of the company or has not been entered into claim in good faith, the central government may, within two years from c~ the commencement of this act, apply to the tribunal for relief from agree:- ' ' 25 the agreement and the tribunal, if satisfied after making such inquiry ments , in the matter as it thinks fit that the agreement was not reasonably necessary for the purposes of the activities of the compaj1l"'ot wi' nqt beeq entej;ecljnto in good faith, may make an ordet cahee1l1ng  " " - or vlrying the agreement on such terms as it may think fit to tmpoae 30 ~d the ~entrshall thereupon have e1fect accordingly (2) all the parties to the agreement which is sought to be cancelled or varied under this section shall be made parties to the _ proceeding 10 (1) the central government shall pay compensation to the compen  35 company for the acquisition of the uddertalrin~ of the company and sation such eojdpensation shall be determined ill accordance with the for uial principles sp~cified in the schedule and in the manner hereinafter~:  set oat, that is to say,-ot under-(4) where the amount of compensatiod can be hed),y tajdnl "  _ ~~t, it ~  be de~~d ill accordance with iiicb &pee-jiidd;' (-b) where do such agreement can be reachect, the central goveulluent shall refer the mat1er to the tribunal witbin a period of three months from the date oil which tile central government and ·the company f~il to reach ad agreeatent reprding th- 8iiloiiiit 01' eompedsbtton (2) netwitfistaddldg tljat separate valuations are calculated under the-pllinc:i  speeifted-in, tiie  sthedule in respect or the sevcl af matters 1'8  to- therein, the amount of compensation to be given slialt be· deem~ to he· a single compnsation to be given for die 11ddrtaltiftg 88' a wflole 10  (3) th  ~ ot cc-pen  -ietan::cimcl ia aceortfan_ wttitthe foze, pmyisiona slaaut be· paitl t& the- ~iftveu& wttiiib' iii ,nod of sik maadl to td  of' such ttetenaibadbr  pr  v:ided that it· coiilph18&i, ia oi- paul wi6iiid tim , aforesaid, tile ceptral~go""""""'i"jj bdn  tegill6a·~·is of compensation at the rate of four per eent pe  ·_wr ~, date of expiry of the said period  chapter mconstitu-· tionof tribunal ll (1) the centj:al go)'ernment may for the purpo--  thia20 act coutitate a tidhlldal which, sbail cod&is of • sio8ie ·  :w  ~ is, or has been,or is-q,&alifi_ to  jadp ofr a • ala ~owtl  th· s~j'ejile c9uri - (2)'; fte tltiihmai 1iib7' eii __ ode or mont persons posseubig:' spetiat kdo~~~, 2~,-:' ~jatidg to any c~er iil"1ji!~2£ ;l', to assist tifet  "'"'~ any qaestioa wautu las to de g decided b, it 1iilde;r thiaad :t (3) the nibunal shall have the powers of a civil court wliile trying a suit under the code of civil procedure, 1908, in respect of' 50fj the following matters, namely:-- 3°' a j (a) summoning and enforcing the attendance of ani person and' examining him on oath; (b) requiring the discovery and production of: ~ta or other material objects producible as evidence; (e) receiving evidence on afbdavits; 3~ (d)' issuing commissions for the examination of w'mages or documents h'- ~- t-ri~~ah have power to regulate :its awn procedure :and ·tiecide alllmalters ·wallin its competence, and may l'l!'view any 1irf  demsicms in the 'event  of there deing a mistake 'on the 1ace of the record or e&rlect any 'aritlmmtioal ·orclerical '8rl'ol" lhereid but 5 subject thereto, the decision of the tribunal on any matter within its jurisdiction shall be final and conclusive 't% jfer 6e mat ,  _ add anidistration ~ • formation 10 undertaking of the company wsw m "tile -t:  tgovemmell't by of govern--     ment codlvirtue of ibis act, that qovernmentmay foma a gevel'lllllent pany for company in acconance witla ,t~~ provisicms ~f the companies -ad, 1956 manegeand on the formation of such cout~, :tjle wadertaking, t~thej' ment of with lid its p~~, a  et~, libiuties -d 'ebqptiodb speclfted iil under   -1'5 su-section (1) qf" $eet  a _aid 'such ther :properties, asse&s,- hahlll tak:inc ties and ohugatiods as may, after the commencement of this act, be acquired or iueurred for the purposes of the undertaking, shall, hy ditue oftidb aet,·  t"d __ 18ft - ad  t ia," o"  ent ftjilpad)' 20 13 (1) pe  -'tjle:fenbatio1l of die go,at com •• , appgtint me referred to in seetiod 12, the central govermdent may appoint one, of-adml or more j1um mae, administrator lor t1ae eiident mauarement add nistraton aamiuistratlon  of the uddertakb,g " (,' r ft· ! " • :: ~ (~) such adminjstr~tor or administrators shall, in the ~~ge­-2'5 merit ana admhtbi~ation of the underta'ldn" act in accordance with suc11 directio~ if any, as may be issued by the central -cove~­merit in thisbf:half  chapl'er v miscellanjx)us30 14 {l) a:ay persoll who-penalties (a) having in his possession, custodybr control any property forrrrlng part of the und'ert1llrlng of tile coml'&'fty,  rongfully wffhbolds such property from tlhe central government; or 35 (b) wrcmgfully obtains possessien of any property forming part of the undenaking of the company which has vested ill the ,ceiuiral,govermnent wlger- this act; or (c) wihully withholds or fails to furnish to the eentral government or any person specified by that government as required by sub-section (2) of section 7 any document which may be in his 'possession, custody or control; or (d) wilfully fails to furnish an inventory as required under 5 section 8; or (e) when required to furnish such inventory, furnishes any particulars therein which are false and which he either knows or believes to be false or does not believe to be true, shall be punishable with imprisonment for a term whic:b may' extend 10 to two years, or with fine, or with both:  ,  provided that the court trying any offence 'under clause (a) or clause (b) or, clause (c) of thlssub-seetion may, at the time'o! cod-~cting ~ ~ccused ~rson, order hiin it, deuver up or refund within· a time to be fixed by the court any property wrongfully withheld or 15 wrongfun:f obtained or any docudient' wilfully withheld or not fur:,; ~~   act pj:ovided f'lrlher that nothing contained in, this section· om • , other provision of this act shall render any person liable to be: ,:,ojr victed of an offence in respect of anything done or omitted to be 20 done by him before the 13th day of september, 1968  '   \   '  ~  , - , ;  (z) ~ocourt shall take cognimnce, pfan offence punishable, q,nder this section except with the previous·sanction of the cen~ gc?~~:­ment or of an ofbcer authorised by that government in t1ifi ~" '{j  li nt; ~t~ prosecution or ottier "legal, ~ shan iii ~~aj1 tile ctral' government or an dldh'tstrator or an ofbcer f ~ ~ emp-loyee serving in connection with the affairs of the uncle~~ns 'll of the company for anything wldch is in good faith done or intencled to be done under this act 1 16 (1) the central government may, by notification in the ~ official gazette, make rules to carry out the purposes of this act~: power to make rules (2) every rule made by the central government under this  ~ act shall be laid as soon as may be after it is made before each ~ house of parliament while it is in session for a total period of thirty days which may be comprised in one session or in two successive ' sessions, and if, before the expiry of the session in which it is 80 ":: laid or the session immediately following, both houses agree in making any modification in the rule or both houses agree that the rule should not be made, the rule shall thereafter have effect 'billy in such modi{ied form or be of no effect, as the c~se may b~, so dowever that any suc~ modification or annulment shall be without ,i prejudice to the validity of anything previously done under that :-ule 17 notwithstanding ~t,-any judgment, decree or order of any certain , actions, ;i" (a) the government company called the hindustan zinc ~:~ed limited, having its registered office at udaipur, formed under the to be companies act, 1956, in pursuance of section 12 of the metal cpr taken poration of india (acquisi~ion of undertaking) act, 1965, which under" has been declared to be unconstitutional and void, (hereinafter ::: ' ' '\ referred to as the 'said act), shall be deemed to be and 'to have' ",' ~ -~n formec\ under ~he companies act, ~956, in pursuance, of section 12 of this act; and the undertaking of the metal corporation of india together with all properties, assets, liabilities and, obligations referred to in section 12 of this act shall be deemed to have been transferred to, and vested in, the said governmeqt company on the date of its formation; (b) any rule, order or appointment purporting to have been made, any decision or direction purporting to have been given, any action or proceeding purporting to have been ta1ren, or anything purpoting to have been done under any provision of the said act shall be deemed to be and to have been a rule, order or appointment made, decision or direction given, action or 'proceedirig ·takt!n~'· or 'thing done under the corresponding provision of this act ' " 18 (1) the metal corporation of india (acquisition of under- repeal :aking) ordinance, 1966, is hereby repealed and saving (2) notwithstanding such repeal, anything done or any ,action ~ ~en under the said ordinance shall be deemed to have been done ,r taken under this act  the schedule (see' section 10) principle& for de'l'zii:minlng compensation foil acquisition op the undertakingparagraph i-the' compensation to be paid by the central gov~ emment to the company in respect of the acquisition of the under· taking thereof shall be an amount equal to the sum total of the valu~ of the properties and assets of the company as on the commencement of this act calculated in accordance with the provisions of paragraph ii less the sum total of the liabilities and obligations of the company as on such commencement calculated in accordance with the provisions of paragraph iii, together with interest or  such 5 amount calculated in accordance with the provisions of paragj'apb iv paragraph ii- (a) the market value at the commencement of this· act-(i) of any land or buildings; 10 (ii) of any plant, machinery or other equipment; (iii) of any shal'28, secmtties  other irveatmems held by tile compa~ (b) the total amount of tlle p-nnna-paid up to tile o",encement of this act by the company in respeetof all jeaseho1d:pi1opa'ties is reduced in the case of each such premium by an amowlt which bears to such premium· the same proportion as the expired term of the lease in respect of which such premium shall have been paid bears to the total term of the lease; •  " (c) the amount of debts due at the commencement of this act 20 to the company, whether secured or unsecured, to the extent to which they are reasonably considered to be recoverable; (ei) the ajdount of cash held at the commeacement of this, act by the company, whether in deposit witli a bank or otherwise~· (e) the market value at the commencement of this act of all 25 tailgible' assets and properties other thad those falling within say of the preceding clauses paragraph iii-the total amount of liabilities and obligations incurred by the company in connection with the formation, management and administration of the undertaking and subsisting immcdi- 30 ately before the commenatm~t 01 this act paragraph iv-the interest refened to in paragraph i shan·be on the amount mentioned in the said paragraph for the period commem:id! oft the 22nd day of october t 1985, add ending with tfte 13th eta, of september', 1918, calculated at the average bank rate durin, 35 th~ said· period '1'h'e metal corporation of india limited, a company as defidea in the campantes act, 19mi owned the' xawar lead-zinc mines in rajasthan· anti 'till! lead stllefter at tundoo in bihar it had undertaken to expand production of these mines and construction of a zinc smelter "near udaiptrr for producing electrolytic grade zinc and bye-products however, for want of finances, the corporation was not abl~ tq complete the project it had undertaken construction work 'had come to a standstill and the corporation failed to meet its repayment obligations to the suppliers of machinery and otllnb as lead and zinc are essential raw-materials to the industry and are of considerable strategic impoltance, it was necessary in the , public interest that the prqject undertaken by the corporation should ibe- 'c~ted as soon as possilble ~ the cjrc!wiistanc!es, land as at that time ?arl'fanrent was· not in session, the metal corpora-· tiod qf lncn'  (acquisition of urwtaking): ordinawce, 1965 eno 8   \ of 1965) was p:vomulgateci by the president on ihe 220 october 1965 10 provfde lor the acquisition of the undertaking of the keal corporation of india limited for the purpose of enabling the ·c"entr8i oo\1'enmimt ill ,the public intepest itt, npjolt, ' tr taa'listrdtent possitiii, ~  1ead deposits in and amund zawar 8ft lb 'fhe sta,te of bajaltlfan md to lltilise those minerals in such manner as to subserve the common gooci the ordinance was later l1jf)laaed by an act of parliament, namely, the metal corporation of india (acquisition of undertaking) act, 1965 (no 44 of 1965) 2 the vires of the said act (44 of 1966) was challenged by the metal corporation of india and another in a writ petition in the high court of punjab the high court in its judgment delivered on 1431966 declared the said act to be violative of article 31 (2) of the constitution because in its opinion the principles laid down in the act could not ensure the owner just equivalent of the properties acquired on an appeal preferred by the union of india before the supreme court, against the said judgment of the high court, the supreme court, in its judgment on 591966, upheld the declsfon of the high court and declared the said act as unconstitutional 3 as it was still necessary in the public··interest to acquire the undertaking to ensure uninterrupted progress of capital works and their early completion and commencement of production from the pr~ject and the full development of lead-zinc deposits in the _ _  zawar area and as parliament was not in session an ordinance, namely the metal corporation of india (acquisition of undertaking) ordinance, 1966 (no 10 of 1966) was promulgated by the president on 13-9-1966 in the ordinance, the principles of compensation have been suitably modified to give effect to the judgment of the supreme court the bill seeks to replace the ordinance and when enacted would ensure expeditious and full -development of the only important indigenous source of lead and ~inc new delhi; s k dey the 20th october, 1966  pltesident's recommendation under article 117 of the constitution of india-~~--'-- --:-~  [copy of letter no7 (8) 1~6-miv, dated the 20th october, 1966 frpm ahri s it dey~ minister of mines and metals to the secretary, lo)t ~~bhj]  the "president having been informed of the subject matter of the met~l corporation of india (acquisition of undertaking) bill; 1966,  recommends consideration of the bill by the lok sabha under clause (3) -of -article 117 of the constitution 1 acquisition· and compeuation-clause 4 of the bill describes~' the details of the undertaking transferred to and vested in the central government the· undertaking includes all assets, rights, leaseholds, property including lands, buildings, works, mines, work;' shops, projects, etc, cash balances, cash on hand, reserve funds an,d all borrowings, liabilities and obligations 2 clause 10 provides for payment of compensation for the acquisition of the above undertaking the principles for determining the compensation payable are specified in the schedule according to which the amount of compensation will be a sum equal to the dlffetence between the market value as on the commencement of th~"act of the assets and: -·properties and the liabilitiei and obliga~~' tiqds together, with the infereston that difference calculated at  the average bank rate for the period between the 22nd october,' 196& and the 13th september, 1966' the 8ioount of compensation payable will be known after a complete inventory of all assets and liabilities is taken and their value determined in accordance with the ~che~ule ~ it olay, however, be mentioned that as on 31st ma:r:c~, 196,5 (the' latest date for which balance-sheet is available) the total paid up capital and the reserves and' surpluses of the company were of the order'of·hs 2~98 crores, and besides,' the company had taken secured loan of the order of rs 4' 99 crores and unsecured loan of the order of rs· l' 26 crores it' m~y be mentioned that since acq~iti~,n,o~ 22nd octo~, 1965 up t() ,30ijl"september; 1966; a  sum ·flf~ '~uli' rs 47·2,lakbs was spent'towards the discharge of pre-acq~tionj liabilities' or' -, 3 besides paying compensation to the company, the government will have to take over the liabilities and obligations incurred by the company in connection with the management and administration of the undertaking and subsisting immediately before the acquisition by the government 4 administration-clause 5 of the bill provides for the employment by the central government of the erstwhile employees of the company an expenditure of about rs 1,36,000 was incurred as the pay and allowances of the staff and officers of the company till the formation of the government company, namely, hindustan zinc limited, on 10th january, 1966 besides, expenditure was also incurred, during the said period, towards (i) the salaries and wages of the staff employed in the mines, smelters and other works, (li) arrears of wages, salnles add bonus, ~ fu) excise duties, etc the total expenditure incurred between 22nd october, 1965 and 10th jazmary, i was about ba 2j' 2 laiiiu " ,, 5 cieuse 1:j of  tile bi-h provides for the appointment of one or m'me ·administrmors far the management of tire umfertulddg an admiufslrsterwas appmted and an expenditure of about rs 13,000 was'ijletlnetl on 'iiis -areec:nmt lbetween 22rrd 'onober, r!m5 'ana 11th january, 1966 '8 pmr,  tsrj'cdjdpany--(llaua 11 of the 0011: provides· fer the fclld8lltiaa,af;a govemmedt 7comp8lly under the companies att, 15168:iar 1:b~1 elleleut "1iibdapmlmt aid,  gd  'gt,tua·i\jlldstakins ~ "&lldijdaejlt ~my, -1wly, btnclosbln jztdc uaa6red was f4m' j teu 118tj:t ,d~" jli86 1m expellditlde'of, i8iliiut bs ,",801'11181' ,mleeldjn cgjiim 'iua ·witiltiii·:  diiitloll ' ofo  curaplj ~  :suiil: f')  tlaldb ·iiis •• blvelliltt!fa itire sj&are ct3i: 'df 1iie:·:cad11um,' gil· a 'firdber:-sum of bs '2mrr8&:1ad hair'hed adinaced aa ,10bn 'lip  161:& odober, 19fti 7 -tnbublil---:ciause u of the biil provides for tbe appointment of a tribunal consisting of a single person who is or has' been or is qua1ified to be a jliqge of a ifi8ja court or of the speme caul'lt 'the m,unmal ds also" cijilpdwereci te· cmoose aim! 01' mo~ :pusgll9 to aasilt  it ,ja ,determiriq aiity quastiflawhich bas ·to  de cillcided :ay,it liildej: ,utebill '~~bwjalwillbave the pgweuaf,aciw,cqull  ''n1e ''ttibdnftl 'mfl';beappomted if do agreementead be -reaeh1!d ott 'tple ·t;lxdp'ensatfon tabe 'patti ·'fte 'eoditftltfion of tlle' 'j\'ibtmal a!rit~ wurhftg will 'fn'yolw-' sonre' 'expmdttme 'w&er1 tfn! ''prtbl'ft'ftd is '1'mjttltated, :expendtlttre ()f ahuut its &;088 per' 1ift)nfb 'wi! be incurred on the salary of the judge and his staff and contingedei'es assumidg that the tribunal will be required for a perigg of six months, the total expenditure may amount to about rs 36~  memorandum regarding delegated legislationclause 16 of the bill empowers the central government to make rules for carrying out the purposes of the act and all these would pertain to matters of detail or procedure the delegation of legislative power involved is of a normal character " ' - oi  j a bill to provide for the acquisition of the undertaking of the metal corporation of india limited tor the purpose of enabling the central government in the public interest to exploit, to the fullest extent possible, zinc and lead deposits in and around the zawar area in the srate of rajasthan and to utilise thosminerals in such manner as to subserve the common good (shri s k dey, t minister 0/ mines & metals) 