The (Bihar State) Aid to Industries Act, 1956

{
    "id": 15878,
    "slug": "the-bihar-state-aid-to-industries-act-1956",
    "title": "The (Bihar State) Aid to Industries Act, 1956",
    "short_title": "The (Bihar State) Aid to Industries Act, 1956",
    "act_number": "Bihar Act 24 of 1956",
    "act_year": 1956,
    "act_type": "STATE",
    "location": "Bihar",
    "law_status": "unknown",
    "enactment_date": null,
    "description": "The (Bihar State) Aid to Industries Act, 1956",
    "preamble": "",
    "section_label": "Section",
    "sections": [
        {
            "number": "1",
            "title": "1. Short title and extent.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 0
        },
        {
            "number": "2",
            "title": "2. Definitions.",
            "chapter": null,
            "content": "(1) \" Board \" means the Board of Industries constituted under Section 5.\n[(1a) \"Cottage industry means an industry that is carried on with a capital outlay of one lakh of rupees or less by a Co-operative Society or an individual himself or with the help of the members of his family and labourers and includes sericulture, pisciculture, horticulture, dairy farming, poultry farming, bee-keeping and lac making] ;\n(2) \" Director \" means the Director of Industries and includes any officer appointed by the State Government either by name or by virtue of his office to perform any of the functions of the Director under this Act;\n[(3) m|ksx ls vfHkizsr gS d`f\"k ls laca/k dkjckj ;k m|e lfgr ,slk dksbZ vkS|ksfxd dkjckj ;k m|e tks fdlh O;fDr vFkok fdlh lgdkjh lfefr }kjk vFkok fu;fer ;k vfu;fer fdlh dEiuh] laxe ;k O;fDr }kjk lapkfyr fd;k x;k vFkok gkFk esa fy;k x;k gks rFkk blds vUrxZr lgdkjh lfefr ;k lhfer nkf;Ro okyh dEiuh izkbosV gks ;k ifCyd }kjk lgdkjh ;k ifCyd lsDVj esa vkS|ksfxd bLVsV LFkkfir djuk Hkh gSA Li\"Vhdj.k & bl [kaM esa ' vkS|ksfxd bLVsV ' ls vfHkizsr gS cgqfo/k m|ksx;qDr dksbZ lag`r {ks= ftlds fy;s jksM] lM+d] ty] fctyh ;k vU; lqfo/kkvksa dk miyC/k fdlh lgdkjh lfefr vFkok lhfer nkf;Ro okyh dEiuh tks ifCyd gks ;k izkbosV }kjk fd;k x;k gksA ] (4) \" machinery \" includes plant, apparatus, tools and other appliances required for the purpose of carrying on any industrial operation or process; (5) \" owner of an industry \" includes the manager, the managing director of any other person by whatever designation known who has the ultimate control over the management of the industry; (6) \" power \" means electrical energy, or any other form of energy which is mechanically transmitted and is not generated by human or animal agency; (7) \" prescribed \" means prescribed by rules made under this Act; and [(8) y?kq m|ksx ls vfHkizsr gS ,slk m|ksx tks lkr yk[k ipkl gtkj :i;s ls vf/kd iwath ykxr ls pyk;k tkrk gks vkSj blds vUrxZr ,sls vkuq\"kafxd ;wfuVsa Hkh gSa ftudks e'khujh vkSj lkt&lekt e}s fofu/kku ipkl yk[k :i;s ls vf/kd u gks( rFkk dqVhj m|ksx( Li\"Vhdj.k& bl [kaM esa & ( d ) ' vkuq\"kafxd ;qfuV ' ls vfHkizsr gS ,slh ;qfuV tks lEiw.kZ mRiknksa dk fofu;ksx ;k la;kstu djus okyh ,d ;k vf/kd o`gr ;qfuVksa dh [kir vkSj izLrkfor ekaxksa dh vkiwfrZ ds fy;siwath] ?kVdksa] mila;kstuks vkSj vkStkjksa dk mRiknu djrh gksa] vkSj tks fdlh o`gr~ ;qfuV dks viuk eky vkiwfjr djus ds fo\"k; esa lafonk laca/kh ckrphr djus ds fy, fdlh cM+h ;wfuV dh leuq\"kaxh vFkok mlds }kjk fu;fU=d u gks] rFkk ( [k ) iwath ykxr ls vfHkizsr gS ek= la;a= vkSj e'khujh e)s fofu/kku] ftuds ewY; dh x.kuk djus esa Lokeh }kjk HkqxrkbZ xbZ ewy dher ij fopkj fd;k tk;xk] Hkys gh og la;a= vkSj e'khujh ubZ gks ;k iqjkuhA] ] Chapter II General Provisions Regarding the Giving of State Aid 3. Forms of State aid. - State aid may be given to any of the following forms: (a) the grant of a loan; [(b) fdlh cSad] thou chek fuxe vf/kfu;e] 1956 ( 31] 1956 ) v/khu LFkkfir Hkkjrh; thou chek fuxe] lhfer nkf;Ro dEiuh ds :i esa LFkkfir jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,sls vU; foRrh; laLFkk;sa] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;a ;k ifCyd lsDVj midze esa udn izR;;] vksojM~Q~V ;k fu;r vfxze dh xkjaVh] ] (c) the taking of shares or debentures; (d) the guarantee of a minimum return on whole or part of the capital of a joint stock Company; (e) the grant on favourable terms of land, raw materials or other property vested in the State; (f) the payment of a subsidy for- (i) in the case of a small scale industry, any purpose connected with the establishment or running or expansion or development of such industry; and (ii) in the case of any other industry, the conduct of research or the purchase of machinery; (g) the supply of machinery on the hire-purchase system; and (h) the supply of electrical energy at concessional rates from a source which is the property of the State Government or grant of rebate on the rate payable by any industry for supply of electricity to it. 4. Delegation of power to give certain forms of State aid. - Subject to such conditions or restrictions as it may deem fit to impose, the State Government may delegate to such other authorities as may be prescribed its power to give State aid in the forms specified in Section 3 of an amount or value not exceeding fifty thousand rupees in respect of any one industry. 5. Constitution of Board of Industries. - (1) The State Government shall, by notification, constitute a Board of Industries consisting of the following members: (a) six members to be elected in the prescribed manner by the Bihar Legislative Assembly from amongst its members; (b) two members to be elected in the prescribed manner by the Bihar Legislative Council from amongst its members; (c) five members to be elected in the prescribed manner, one by each of five such associations or other bodies as the State Government may select as best representing any particular classes of industries or interest; (d) five members to be appointed by the State Government; and (e) the Director of Industries, the Registrar of Co-operative Societies and the Director of Agriculture, ex officio. (2) The Chairman of the Board shall be appointed by the State Government from among the members of the Board. (3) The names of the members who have been elected and appointed shall be published in the Official Gazette. (4) The Board shall have power to co-opt, for the discussion of any particular question before it, experts specially qualified to advise on the matter in question or having special knowledge of local conditions in any area where the industry in question is situated : Provided that any member so co-opted shall have no right to vote. (5) No member of the Board shall vote or take part in the discussion of any question coming up for consideration at a meeting of the Board if the question is one in which he or his partner has any direct or indirect pecuniary interest, or in which he is interested professionally on behalf of a client or as agent for any person other than the State Government, a local authority or a railway company. (6) No act of the Board shall be deemed to be invalid only by reason of the existence of any vacancy in the Board.\nm|ksx ls vfHkizsr gS d`f\"k ls laca/k dkjckj ;k m|e lfgr ,slk dksbZ vkS|ksfxd dkjckj ;k m|e tks fdlh O;fDr vFkok fdlh lgdkjh lfefr }kjk vFkok fu;fer ;k vfu;fer fdlh dEiuh] laxe ;k O;fDr }kjk lapkfyr fd;k x;k vFkok gkFk esa fy;k x;k gks rFkk blds vUrxZr lgdkjh lfefr ;k lhfer nkf;Ro okyh dEiuh izkbosV gks ;k ifCyd }kjk lgdkjh ;k ifCyd lsDVj esa vkS|ksfxd bLVsV LFkkfir djuk Hkh gSA\nLi\"Vhdj.k & bl [kaM esa ' vkS|ksfxd bLVsV ' ls vfHkizsr gS cgqfo/k m|ksx;qDr dksbZ lag`r {ks= ftlds fy;s jksM] lM+d] ty] fctyh ;k vU; lqfo/kkvksa dk miyC/k fdlh lgdkjh lfefr vFkok lhfer nkf;Ro okyh dEiuh tks ifCyd gks ;k izkbosV }kjk fd;k x;k gksA ] (4) \" machinery \" includes plant, apparatus, tools and other appliances required for the purpose of carrying on any industrial operation or process; (5) \" owner of an industry \" includes the manager, the managing director of any other person by whatever designation known who has the ultimate control over the management of the industry; (6) \" power \" means electrical energy, or any other form of energy which is mechanically transmitted and is not generated by human or animal agency; (7) \" prescribed \" means prescribed by rules made under this Act; and [(8) y?kq m|ksx ls vfHkizsr gS ,slk m|ksx tks lkr yk[k ipkl gtkj :i;s ls vf/kd iwath ykxr ls pyk;k tkrk gks vkSj blds vUrxZr ,sls vkuq\"kafxd ;wfuVsa Hkh gSa ftudks e'khujh vkSj lkt&lekt e}s fofu/kku ipkl yk[k :i;s ls vf/kd u gks( rFkk dqVhj m|ksx( Li\"Vhdj.k& bl [kaM esa & ( d ) ' vkuq\"kafxd ;qfuV ' ls vfHkizsr gS ,slh ;qfuV tks lEiw.kZ mRiknksa dk fofu;ksx ;k la;kstu djus okyh ,d ;k vf/kd o`gr ;qfuVksa dh [kir vkSj izLrkfor ekaxksa dh vkiwfrZ ds fy;siwath] ?kVdksa] mila;kstuks vkSj vkStkjksa dk mRiknu djrh gksa] vkSj tks fdlh o`gr~ ;qfuV dks viuk eky vkiwfjr djus ds fo\"k; esa lafonk laca/kh ckrphr djus ds fy, fdlh cM+h ;wfuV dh leuq\"kaxh vFkok mlds }kjk fu;fU=d u gks] rFkk ( [k ) iwath ykxr ls vfHkizsr gS ek= la;a= vkSj e'khujh e)s fofu/kku] ftuds ewY; dh x.kuk djus esa Lokeh }kjk HkqxrkbZ xbZ ewy dher ij fopkj fd;k tk;xk] Hkys gh og la;a= vkSj e'khujh ubZ gks ;k iqjkuhA] ] Chapter II General Provisions Regarding the Giving of State Aid 3. Forms of State aid. - State aid may be given to any of the following forms: (a) the grant of a loan; [(b) fdlh cSad] thou chek fuxe vf/kfu;e] 1956 ( 31] 1956 ) v/khu LFkkfir Hkkjrh; thou chek fuxe] lhfer nkf;Ro dEiuh ds :i esa LFkkfir jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,sls vU; foRrh; laLFkk;sa] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;a ;k ifCyd lsDVj midze esa udn izR;;] vksojM~Q~V ;k fu;r vfxze dh xkjaVh] ] (c) the taking of shares or debentures; (d) the guarantee of a minimum return on whole or part of the capital of a joint stock Company; (e) the grant on favourable terms of land, raw materials or other property vested in the State; (f) the payment of a subsidy for- (i) in the case of a small scale industry, any purpose connected with the establishment or running or expansion or development of such industry; and (ii) in the case of any other industry, the conduct of research or the purchase of machinery; (g) the supply of machinery on the hire-purchase system; and (h) the supply of electrical energy at concessional rates from a source which is the property of the State Government or grant of rebate on the rate payable by any industry for supply of electricity to it. 4. Delegation of power to give certain forms of State aid. - Subject to such conditions or restrictions as it may deem fit to impose, the State Government may delegate to such other authorities as may be prescribed its power to give State aid in the forms specified in Section 3 of an amount or value not exceeding fifty thousand rupees in respect of any one industry. 5. Constitution of Board of Industries. - (1) The State Government shall, by notification, constitute a Board of Industries consisting of the following members: (a) six members to be elected in the prescribed manner by the Bihar Legislative Assembly from amongst its members; (b) two members to be elected in the prescribed manner by the Bihar Legislative Council from amongst its members; (c) five members to be elected in the prescribed manner, one by each of five such associations or other bodies as the State Government may select as best representing any particular classes of industries or interest; (d) five members to be appointed by the State Government; and (e) the Director of Industries, the Registrar of Co-operative Societies and the Director of Agriculture, ex officio. (2) The Chairman of the Board shall be appointed by the State Government from among the members of the Board. (3) The names of the members who have been elected and appointed shall be published in the Official Gazette. (4) The Board shall have power to co-opt, for the discussion of any particular question before it, experts specially qualified to advise on the matter in question or having special knowledge of local conditions in any area where the industry in question is situated : Provided that any member so co-opted shall have no right to vote. (5) No member of the Board shall vote or take part in the discussion of any question coming up for consideration at a meeting of the Board if the question is one in which he or his partner has any direct or indirect pecuniary interest, or in which he is interested professionally on behalf of a client or as agent for any person other than the State Government, a local authority or a railway company.\nLi\"Vhdj.k & bl [kaM esa\nvkS|ksfxd bLVsV\nls vfHkizsr gS cgqfo/k m|ksx;qDr dksbZ lag`r {ks= ftlds fy;s jksM] lM+d] ty] fctyh ;k vU; lqfo/kkvksa dk miyC/k fdlh lgdkjh lfefr vFkok lhfer nkf;Ro okyh dEiuh tks ifCyd gks ;k izkbosV }kjk fd;k x;k gksA\n(4) \" machinery \" includes plant, apparatus, tools and other appliances required for the purpose of carrying on any industrial operation or process; (5) \" owner of an industry \" includes the manager, the managing director of any other person by whatever designation known who has the ultimate control over the management of the industry; (6) \" power \" means electrical energy, or any other form of energy which is mechanically transmitted and is not generated by human or animal agency; (7) \" prescribed \" means prescribed by rules made under this Act; and [(8) y?kq m|ksx ls vfHkizsr gS ,slk m|ksx tks lkr yk[k ipkl gtkj :i;s ls vf/kd iwath ykxr ls pyk;k tkrk gks vkSj blds vUrxZr ,sls vkuq\"kafxd ;wfuVsa Hkh gSa ftudks e'khujh vkSj lkt&lekt e}s fofu/kku ipkl yk[k :i;s ls vf/kd u gks( rFkk dqVhj m|ksx( Li\"Vhdj.k& bl [kaM esa & ( d ) ' vkuq\"kafxd ;qfuV ' ls vfHkizsr gS ,slh ;qfuV tks lEiw.kZ mRiknksa dk fofu;ksx ;k la;kstu djus okyh ,d ;k vf/kd o`gr ;qfuVksa dh [kir vkSj izLrkfor ekaxksa dh vkiwfrZ ds fy;siwath] ?kVdksa] mila;kstuks vkSj vkStkjksa dk mRiknu djrh gksa] vkSj tks fdlh o`gr~ ;qfuV dks viuk eky vkiwfjr djus ds fo\"k; esa lafonk laca/kh ckrphr djus ds fy, fdlh cM+h ;wfuV dh leuq\"kaxh vFkok mlds }kjk fu;fU=d u gks] rFkk ( [k ) iwath ykxr ls vfHkizsr gS ek= la;a= vkSj e'khujh e)s fofu/kku] ftuds ewY; dh x.kuk djus esa Lokeh }kjk HkqxrkbZ xbZ ewy dher ij fopkj fd;k tk;xk] Hkys gh og la;a= vkSj e'khujh ubZ gks ;k iqjkuhA] ] Chapter II General Provisions Regarding the Giving of State Aid 3. Forms of State aid. - State aid may be given to any of the following forms: (a) the grant of a loan; [(b) fdlh cSad] thou chek fuxe vf/kfu;e] 1956 ( 31] 1956 ) v/khu LFkkfir Hkkjrh; thou chek fuxe] lhfer nkf;Ro dEiuh ds :i esa LFkkfir jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,sls vU; foRrh; laLFkk;sa] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;a ;k ifCyd lsDVj midze esa udn izR;;] vksojM~Q~V ;k fu;r vfxze dh xkjaVh] ] (c) the taking of shares or debentures; (d) the guarantee of a minimum return on whole or part of the capital of a joint stock Company; (e) the grant on favourable terms of land, raw materials or other property vested in the State; (f) the payment of a subsidy for- (i) in the case of a small scale industry, any purpose connected with the establishment or running or expansion or development of such industry; and (ii) in the case of any other industry, the conduct of research or the purchase of machinery; (g) the supply of machinery on the hire-purchase system; and (h) the supply of electrical energy at concessional rates from a source which is the property of the State Government or grant of rebate on the rate payable by any industry for supply of electricity to it. 4. Delegation of power to give certain forms of State aid. - Subject to such conditions or restrictions as it may deem fit to impose, the State Government may delegate to such other authorities as may be prescribed its power to give State aid in the forms specified in Section 3 of an amount or value not exceeding fifty thousand rupees in respect of any one industry. 5. Constitution of Board of Industries. - (1) The State Government shall, by notification, constitute a Board of Industries consisting of the following members: (a) six members to be elected in the prescribed manner by the Bihar Legislative Assembly from amongst its members; (b) two members to be elected in the prescribed manner by the Bihar Legislative Council from amongst its members; (c) five members to be elected in the prescribed manner, one by each of five such associations or other bodies as the State Government may select as best representing any particular classes of industries or interest; (d) five members to be appointed by the State Government; and (e) the Director of Industries, the Registrar of Co-operative Societies and the Director of Agriculture, ex officio. (2) The Chairman of the Board shall be appointed by the State Government from among the members of the Board. (3) The names of the members who have been elected and appointed shall be published in the Official Gazette. (4) The Board shall have power to co-opt, for the discussion of any particular question before it, experts specially qualified to advise on the matter in question or having special knowledge of local conditions in any area where the industry in question is situated : Provided that any member so co-opted shall have no right to vote.\n(4) \" machinery \" includes plant, apparatus, tools and other appliances required for the purpose of carrying on any industrial operation or process;\n(5) \" owner of an industry \" includes the manager, the managing director of any other person by whatever designation known who has the ultimate control over the management of the industry;\n(6) \" power \" means electrical energy, or any other form of energy which is mechanically transmitted and is not generated by human or animal agency;\n(7) \" prescribed \" means prescribed by rules made under this Act; and\n[(8) y?kq m|ksx ls vfHkizsr gS ,slk m|ksx tks lkr yk[k ipkl gtkj :i;s ls vf/kd iwath ykxr ls pyk;k tkrk gks vkSj blds vUrxZr ,sls vkuq\"kafxd ;wfuVsa Hkh gSa ftudks e'khujh vkSj lkt&lekt e}s fofu/kku ipkl yk[k :i;s ls vf/kd u gks( rFkk dqVhj m|ksx( Li\"Vhdj.k& bl [kaM esa & ( d ) ' vkuq\"kafxd ;qfuV ' ls vfHkizsr gS ,slh ;qfuV tks lEiw.kZ mRiknksa dk fofu;ksx ;k la;kstu djus okyh ,d ;k vf/kd o`gr ;qfuVksa dh [kir vkSj izLrkfor ekaxksa dh vkiwfrZ ds fy;siwath] ?kVdksa] mila;kstuks vkSj vkStkjksa dk mRiknu djrh gksa] vkSj tks fdlh o`gr~ ;qfuV dks viuk eky vkiwfjr djus ds fo\"k; esa lafonk laca/kh ckrphr djus ds fy, fdlh cM+h ;wfuV dh leuq\"kaxh vFkok mlds }kjk fu;fU=d u gks] rFkk ( [k ) iwath ykxr ls vfHkizsr gS ek= la;a= vkSj e'khujh e)s fofu/kku] ftuds ewY; dh x.kuk djus esa Lokeh }kjk HkqxrkbZ xbZ ewy dher ij fopkj fd;k tk;xk] Hkys gh og la;a= vkSj e'khujh ubZ gks ;k iqjkuhA] ] Chapter II General Provisions Regarding the Giving of State Aid 3. Forms of State aid. - State aid may be given to any of the following forms: (a) the grant of a loan; [(b) fdlh cSad] thou chek fuxe vf/kfu;e] 1956 ( 31] 1956 ) v/khu LFkkfir Hkkjrh; thou chek fuxe] lhfer nkf;Ro dEiuh ds :i esa LFkkfir jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,sls vU; foRrh; laLFkk;sa] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;a ;k ifCyd lsDVj midze esa udn izR;;] vksojM~Q~V ;k fu;r vfxze dh xkjaVh] ] (c) the taking of shares or debentures; (d) the guarantee of a minimum return on whole or part of the capital of a joint stock Company; (e) the grant on favourable terms of land, raw materials or other property vested in the State; (f) the payment of a subsidy for- (i) in the case of a small scale industry, any purpose connected with the establishment or running or expansion or development of such industry; and (ii) in the case of any other industry, the conduct of research or the purchase of machinery; (g) the supply of machinery on the hire-purchase system; and (h) the supply of electrical energy at concessional rates from a source which is the property of the State Government or grant of rebate on the rate payable by any industry for supply of electricity to it. 4. Delegation of power to give certain forms of State aid. - Subject to such conditions or restrictions as it may deem fit to impose, the State Government may delegate to such other authorities as may be prescribed its power to give State aid in the forms specified in Section 3 of an amount or value not exceeding fifty thousand rupees in respect of any one industry. 5. Constitution of Board of Industries. - (1) The State Government shall, by notification, constitute a Board of Industries consisting of the following members: (a) six members to be elected in the prescribed manner by the Bihar Legislative Assembly from amongst its members; (b) two members to be elected in the prescribed manner by the Bihar Legislative Council from amongst its members; (c) five members to be elected in the prescribed manner, one by each of five such associations or other bodies as the State Government may select as best representing any particular classes of industries or interest; (d) five members to be appointed by the State Government; and (e) the Director of Industries, the Registrar of Co-operative Societies and the Director of Agriculture, ex officio. (2) The Chairman of the Board shall be appointed by the State Government from among the members of the Board. (3) The names of the members who have been elected and appointed shall be published in the Official Gazette. (4) The Board shall have power to co-opt, for the discussion of any particular question before it, experts specially qualified to advise on the matter in question or having special knowledge of local conditions in any area where the industry in question is situated :\ny?kq m|ksx ls vfHkizsr gS ,slk m|ksx tks lkr yk[k ipkl gtkj :i;s ls vf/kd iwath ykxr ls pyk;k tkrk gks vkSj blds vUrxZr ,sls vkuq\"kafxd ;wfuVsa Hkh gSa ftudks e'khujh vkSj lkt&lekt e}s fofu/kku ipkl yk[k :i;s ls vf/kd u gks( rFkk dqVhj m|ksx(\nLi\"Vhdj.k& bl [kaM esa & ( d ) ' vkuq\"kafxd ;qfuV ' ls vfHkizsr gS ,slh ;qfuV tks lEiw.kZ mRiknksa dk fofu;ksx ;k la;kstu djus okyh ,d ;k vf/kd o`gr ;qfuVksa dh [kir vkSj izLrkfor ekaxksa dh vkiwfrZ ds fy;siwath] ?kVdksa] mila;kstuks vkSj vkStkjksa dk mRiknu djrh gksa] vkSj tks fdlh o`gr~ ;qfuV dks viuk eky vkiwfjr djus ds fo\"k; esa lafonk laca/kh ckrphr djus ds fy, fdlh cM+h ;wfuV dh leuq\"kaxh vFkok mlds }kjk fu;fU=d u gks] rFkk ( [k ) iwath ykxr ls vfHkizsr gS ek= la;a= vkSj e'khujh e)s fofu/kku] ftuds ewY; dh x.kuk djus esa Lokeh }kjk HkqxrkbZ xbZ ewy dher ij fopkj fd;k tk;xk] Hkys gh og la;a= vkSj e'khujh ubZ gks ;k iqjkuhA] ] Chapter II General Provisions Regarding the Giving of State Aid 3. Forms of State aid. - State aid may be given to any of the following forms: (a) the grant of a loan; [(b) fdlh cSad] thou chek fuxe vf/kfu;e] 1956 ( 31] 1956 ) v/khu LFkkfir Hkkjrh; thou chek fuxe] lhfer nkf;Ro dEiuh ds :i esa LFkkfir jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,sls vU; foRrh; laLFkk;sa] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;a ;k ifCyd lsDVj midze esa udn izR;;] vksojM~Q~V ;k fu;r vfxze dh xkjaVh] ] (c) the taking of shares or debentures; (d) the guarantee of a minimum return on whole or part of the capital of a joint stock Company; (e) the grant on favourable terms of land, raw materials or other property vested in the State; (f) the payment of a subsidy for- (i) in the case of a small scale industry, any purpose connected with the establishment or running or expansion or development of such industry; and (ii) in the case of any other industry, the conduct of research or the purchase of machinery; (g) the supply of machinery on the hire-purchase system; and (h) the supply of electrical energy at concessional rates from a source which is the property of the State Government or grant of rebate on the rate payable by any industry for supply of electricity to it. 4. Delegation of power to give certain forms of State aid. - Subject to such conditions or restrictions as it may deem fit to impose, the State Government may delegate to such other authorities as may be prescribed its power to give State aid in the forms specified in Section 3 of an amount or value not exceeding fifty thousand rupees in respect of any one industry. 5. Constitution of Board of Industries. - (1) The State Government shall, by notification, constitute a Board of Industries consisting of the following members: (a) six members to be elected in the prescribed manner by the Bihar Legislative Assembly from amongst its members; (b) two members to be elected in the prescribed manner by the Bihar Legislative Council from amongst its members; (c) five members to be elected in the prescribed manner, one by each of five such associations or other bodies as the State Government may select as best representing any particular classes of industries or interest; (d) five members to be appointed by the State Government; and (e) the Director of Industries, the Registrar of Co-operative Societies and the Director of Agriculture, ex officio. (2) The Chairman of the Board shall be appointed by the State Government from among the members of the Board. (3) The names of the members who have been elected and appointed shall be published in the Official Gazette.\nLi\"Vhdj.k& bl [kaM esa &\n( d ) ' vkuq\"kafxd ;qfuV ' ls vfHkizsr gS ,slh ;qfuV tks lEiw.kZ mRiknksa dk fofu;ksx ;k la;kstu djus okyh ,d ;k vf/kd o`gr ;qfuVksa dh [kir vkSj izLrkfor ekaxksa dh vkiwfrZ ds fy;siwath] ?kVdksa] mila;kstuks vkSj vkStkjksa dk mRiknu djrh gksa] vkSj tks fdlh o`gr~ ;qfuV dks viuk eky vkiwfjr djus ds fo\"k; esa lafonk laca/kh ckrphr djus ds fy, fdlh cM+h ;wfuV dh leuq\"kaxh vFkok mlds }kjk fu;fU=d u gks] rFkk ( [k ) iwath ykxr ls vfHkizsr gS ek= la;a= vkSj e'khujh e)s fofu/kku] ftuds ewY; dh x.kuk djus esa Lokeh }kjk HkqxrkbZ xbZ ewy dher ij fopkj fd;k tk;xk] Hkys gh og la;a= vkSj e'khujh ubZ gks ;k iqjkuhA] ] Chapter II General Provisions Regarding the Giving of State Aid 3. Forms of State aid. - State aid may be given to any of the following forms: (a) the grant of a loan; [(b) fdlh cSad] thou chek fuxe vf/kfu;e] 1956 ( 31] 1956 ) v/khu LFkkfir Hkkjrh; thou chek fuxe] lhfer nkf;Ro dEiuh ds :i esa LFkkfir jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,sls vU; foRrh; laLFkk;sa] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;a ;k ifCyd lsDVj midze esa udn izR;;] vksojM~Q~V ;k fu;r vfxze dh xkjaVh] ] (c) the taking of shares or debentures; (d) the guarantee of a minimum return on whole or part of the capital of a joint stock Company; (e) the grant on favourable terms of land, raw materials or other property vested in the State; (f) the payment of a subsidy for- (i) in the case of a small scale industry, any purpose connected with the establishment or running or expansion or development of such industry; and (ii) in the case of any other industry, the conduct of research or the purchase of machinery; (g) the supply of machinery on the hire-purchase system; and (h) the supply of electrical energy at concessional rates from a source which is the property of the State Government or grant of rebate on the rate payable by any industry for supply of electricity to it. 4. Delegation of power to give certain forms of State aid. - Subject to such conditions or restrictions as it may deem fit to impose, the State Government may delegate to such other authorities as may be prescribed its power to give State aid in the forms specified in Section 3 of an amount or value not exceeding fifty thousand rupees in respect of any one industry. 5. Constitution of Board of Industries. - (1) The State Government shall, by notification, constitute a Board of Industries consisting of the following members: (a) six members to be elected in the prescribed manner by the Bihar Legislative Assembly from amongst its members; (b) two members to be elected in the prescribed manner by the Bihar Legislative Council from amongst its members; (c) five members to be elected in the prescribed manner, one by each of five such associations or other bodies as the State Government may select as best representing any particular classes of industries or interest; (d) five members to be appointed by the State Government; and (e) the Director of Industries, the Registrar of Co-operative Societies and the Director of Agriculture, ex officio. (2) The Chairman of the Board shall be appointed by the State Government from among the members of the Board.\nd\nvkuq\"kafxd ;qfuV\nls vfHkizsr gS ,slh ;qfuV tks lEiw.kZ mRiknksa dk fofu;ksx ;k la;kstu djus okyh ,d ;k vf/kd o`gr ;qfuVksa dh [kir vkSj izLrkfor ekaxksa dh vkiwfrZ ds fy;siwath] ?kVdksa] mila;kstuks vkSj vkStkjksa dk mRiknu djrh gksa] vkSj tks fdlh o`gr~ ;qfuV dks viuk eky vkiwfjr djus ds fo\"k; esa lafonk laca/kh ckrphr djus ds fy, fdlh cM+h ;wfuV dh leuq\"kaxh vFkok mlds }kjk fu;fU=d u gks] rFkk\n[k\niwath ykxr ls vfHkizsr gS ek= la;a= vkSj e'khujh e)s fofu/kku] ftuds ewY; dh x.kuk djus esa Lokeh }kjk HkqxrkbZ xbZ ewy dher ij fopkj fd;k tk;xk] Hkys gh og la;a= vkSj e'khujh ubZ gks ;k iqjkuhA]\nChapter II General Provisions Regarding the Giving of State Aid 3. Forms of State aid. - State aid may be given to any of the following forms:\nChapter II\nGeneral Provisions Regarding the Giving of State Aid",
            "footnote": "",
            "is_definition": true,
            "sort_order": 1
        },
        {
            "number": "3",
            "title": "3. Forms of State aid.",
            "chapter": null,
            "content": "(a) the grant of a loan;\n[(b) fdlh cSad] thou chek fuxe vf/kfu;e] 1956 ( 31] 1956 ) v/khu LFkkfir Hkkjrh; thou chek fuxe] lhfer nkf;Ro dEiuh ds :i esa LFkkfir jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,sls vU; foRrh; laLFkk;sa] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;a ;k ifCyd lsDVj midze esa udn izR;;] vksojM~Q~V ;k fu;r vfxze dh xkjaVh] ] (c) the taking of shares or debentures; (d) the guarantee of a minimum return on whole or part of the capital of a joint stock Company; (e) the grant on favourable terms of land, raw materials or other property vested in the State; (f) the payment of a subsidy for- (i) in the case of a small scale industry, any purpose connected with the establishment or running or expansion or development of such industry; and (ii) in the case of any other industry, the conduct of research or the purchase of machinery; (g) the supply of machinery on the hire-purchase system; and (h) the supply of electrical energy at concessional rates from a source which is the property of the State Government or grant of rebate on the rate payable by any industry for supply of electricity to it. 4. Delegation of power to give certain forms of State aid. - Subject to such conditions or restrictions as it may deem fit to impose, the State Government may delegate to such other authorities as may be prescribed its power to give State aid in the forms specified in Section 3 of an amount or value not exceeding fifty thousand rupees in respect of any one industry. 5. Constitution of Board of Industries. - (1) The State Government shall, by notification, constitute a Board of Industries consisting of the following members:\nfdlh cSad] thou chek fuxe vf/kfu;e] 1956\n31] 1956\nv/khu LFkkfir Hkkjrh; thou chek fuxe] lhfer nkf;Ro dEiuh ds :i esa LFkkfir jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,sls vU; foRrh; laLFkk;sa] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;a ;k ifCyd lsDVj midze esa udn izR;;] vksojM~Q~V ;k fu;r vfxze dh xkjaVh]\n(c) the taking of shares or debentures; (d) the guarantee of a minimum return on whole or part of the capital of a joint stock Company; (e) the grant on favourable terms of land, raw materials or other property vested in the State; (f) the payment of a subsidy for- (i) in the case of a small scale industry, any purpose connected with the establishment or running or expansion or development of such industry; and (ii) in the case of any other industry, the conduct of research or the purchase of machinery; (g) the supply of machinery on the hire-purchase system; and (h) the supply of electrical energy at concessional rates from a source which is the property of the State Government or grant of rebate on the rate payable by any industry for supply of electricity to it. 4. Delegation of power to give certain forms of State aid. - Subject to such conditions or restrictions as it may deem fit to impose, the State Government may delegate to such other authorities as may be prescribed its power to give State aid in the forms specified in Section 3 of an amount or value not exceeding fifty thousand rupees in respect of any one industry.\n(c) the taking of shares or debentures;\n(d) the guarantee of a minimum return on whole or part of the capital of a joint stock Company;\n(e) the grant on favourable terms of land, raw materials or other property vested in the State;\n(f) the payment of a subsidy for-\n(i) in the case of a small scale industry, any purpose connected with the establishment or running or expansion or development of such industry; and\n(ii) in the case of any other industry, the conduct of research or the purchase of machinery;\n(g) the supply of machinery on the hire-purchase system; and\n(h) the supply of electrical energy at concessional rates from a source which is the property of the State Government or grant of rebate on the rate payable by any industry for supply of electricity to it.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 2
        },
        {
            "number": "4",
            "title": "4. Delegation of power to give certain forms of State aid.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 3
        },
        {
            "number": "5",
            "title": "5. Constitution of Board of Industries.",
            "chapter": null,
            "content": "(a) six members to be elected in the prescribed manner by the Bihar Legislative Assembly from amongst its members;\n(b) two members to be elected in the prescribed manner by the Bihar Legislative Council from amongst its members;\n(c) five members to be elected in the prescribed manner, one by each of five such associations or other bodies as the State Government may select as best representing any particular classes of industries or interest;\n(d) five members to be appointed by the State Government; and\n(e) the Director of Industries, the Registrar of Co-operative Societies and the Director of Agriculture, ex officio.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 4
        },
        {
            "number": "6",
            "title": "6. Application for State aid.",
            "chapter": null,
            "content": "Li\"Vhdj.k & bl /kkjk ds iz;kstukFkZ /kkjk 3 ds [kaM\n[k\nesa mfYyf[kr :i esa vkS|ksfxd {ks=ksa esa vuqdwy 'krksZa ij Hkwfe dh vFkok vkS|ksfxd bLVsVksa esa 'ksMksa dh eatwjh ds ckjs esa jkT; lkgk;~; ds ewY; ls vfHkizsr gksxk og vUrj tks blds vtZu vkSj fodkl ds [kpZ rFkk eatwjh ds fufeRr ikfjr izhfe;e ds chp gksA\nChapter III Provision of Regulating the giving of State Aid otherwise than by the Supply of Machinery on the Hire-Purchase System 7. Limitation of amount of loans. - (1) No loan shall be granted to any industry of an amount exceeding seventy-five per centum of the net value of the security offered including collateral security, if any, after the deduction of the value of all incumbrances existing at the time when the application is made :\nChapter III\nProvision of Regulating the giving of State Aid otherwise than by the Supply of Machinery on the Hire-Purchase System",
            "footnote": "",
            "is_definition": false,
            "sort_order": 5
        },
        {
            "number": "7",
            "title": "7. Limitation of amount of loans.",
            "chapter": null,
            "content": "(i) the State Government is satisfied that it is necessary to promote the development of the industry in the interest of the State and the industry in question cannot be established without the grant of such assistance; and\n(ii) the applicant agrees to associate a nominee of the State Government with the management of the industry and to regulate the expenditure out of such loan in the prescribed manner:\n(a) in the case of a small-scale industry, a loan up to one thousand rupees may be given on a personal bond of the applicant, and upto five thousand rupees on the security of one or more personal sureties;\nd\nrhl gtkj :i;k ;k mlls vf/kd ds izLrkfor iwathfofu/kku ls csdkj vfHk;Urk ;k foKku Lukrd ;k rduhf'k;u }kjk LFkkfir fd;s tkus okys y?kq m|ksx dh n'kk esa] izLrkfor fofu/kku ds ipgRrj izfr'kr ;k chl gtkj :i;k rd] tks Hkh de gks] m/kkj nks izfrHkwfr;ksa dh oS;fDrd izfrHkwfr ij bl vfrfjDr 'krZ ij fn;k tk ldsxk fd m/kkj x`ghrk ,sls m/kkj ls cuk;h x;h vkfjr;ka ;Fkkfofgr cU/kstksa ,oa 'krksaZ ij jkT; ljdkj dks cU/kfdr dj nsxk(\n(b) in the case of an industry owned or managed by a society registered under the Bihar and Orissa Co-operative Societies Act, 1935 (B. & O. Act VI of 1935), the State Government may grant a loan without any security. (3) The valuation of the security under sub-section (1) shall be made by the Director in the prescribed manner.\n(b) in the case of an industry owned or managed by a society registered under the Bihar and Orissa Co-operative Societies Act, 1935 (B. & O. Act VI of 1935), the State Government may grant a loan without any security.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 6
        },
        {
            "number": "8",
            "title": "8. Loan, how secured.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 7
        },
        {
            "number": "9",
            "title": "9. Inspection and returns.",
            "chapter": null,
            "content": "(a) to comply with any general or special order, of the State Government relative to the inspection of the premises, buildings, machinery and stock-in-hand of the industry;\n(b) permit the inspection of all accounts relative to the industry;\n(c) to furnish full returns of all products manufactured or sold both as regards description and quantity;\n(d) to maintain such special accounts and to furnish such statements as the State Government may, from time to time, require; and\n(e) to submit the accounts of the industry to such audit as the State Government may prescribe.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 8
        },
        {
            "number": "10",
            "title": "10. Power of State Government to adjust security during currency of loan.",
            "chapter": null,
            "content": "[11.\ncSad rFkk vU; laLFkkvksa esa udn izR;; vkfn dh xkjaVh&m/kkjksa ds ckjs esa /kkjk ls 10\nnksuksa lfgr\nrd ds micU/k bl vf/kfu;e ds v/khu cuk;s tkus okys fdlh fu;e ds v/khu] cSadksa] thou chek fuxe vf/kfu;e] 1956\n31] 1956\nds v/khu LFkkfir Hkkjrh; thou chek fuxe] jk\"V~h; y?kq m|ksx fuxe ;k ,slh vU; foRrh; laLFkk,a] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;sa] ;k ifCyd lsDVj midze esa udn vFkok vksojM~kQ~V ;k fu;e vfxze dh xkjaVh ij ;knr~'kj.k ykxw gksaxsA",
            "footnote": "",
            "is_definition": false,
            "sort_order": 9
        },
        {
            "number": "12",
            "title": "12. Termination of State aid. - (1) The State Government may order the termination of State aid to an industry after considering the explanation, if any, offered by the owner of the industry on any of the following grounds, namely:",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 10
        },
        {
            "number": "12",
            "title": "12. Termination of State aid.",
            "chapter": null,
            "content": "(i) that any portion of the State aid given has been mis-applied;\n(ii) that there has been breach by the owner of the industry of the provisions of this Act, or of any Rule made thereunder or of any condition of the grant;\n(iii) that the application on which the State aid has been granted, contained, or was accompanied by any material statement by, the owner which he knew to be false, or any intentional concealment by him of any material fact, which in the opinion of the State Government, it was his duty to disclose, or that any such false statement or concealment was intentionally made in any inquiry made under this Act or in any return under this Act, or in reply to any requisition for information under this Act by or with the connivance of the owner or the person incharge of the management of the industry;\n(iv) that the grantee has failed to comply with any order under clause (a) of Section 9, or does not permit, or objects, to the inspection of the accounts of the industry or makes default in respect of any of the particulars specified in clauses (c), (d) and (e) of the said section; or\n(v) that the industry is being managed in such a manner as to endanger the repayment of the value of State aid granted thereto repayable under this Act.\n[13.\nm/kkj olwy djus dh jkT; ljdkj dh 'kfDr;kWa&fdlh m|ksx ds ckjs esa 12 ds v/khu jkT; lkgk;~; dk i;kZolku djus okyk vkns'k ikfjr gks tkus ds ckn] jkT; ljdkj ;k ,rn~fufeRr izkf/kd`r dksbZ vU; inkf/kdkjh bl vf/kfu;e ;k rRle; izo`Rr fdlh vU; fof/k esa vUrfoZ\"V fdlh ckr ds izfrdwy gksrs gq, Hkh] Lokeh ls Hkw&jktLo ds cdk;s ds :i esa fuEu dh olwyh djus dh dk;Zokgh dj ldsxk%\n( d ) ckdh fdlh m/kkj dh iwjh jde vkSj mi ij ;Fkk'kks/; C;kt( vFkok ( [k ) ;fn lkgk;~; m/kkj ls fHkUu :i esa eatwj fd;k x;k gks rks fj;k;r dh eatwjh dh jde] ftruh eatwjh ds le; fu;r dh xbZ gks rFkk fj;k;r dh eatwjh dh rkjh[k ls olwyh dh rkjh[k rd vf/kd&ls&vf/kd ckjg izfr'kr izfro\"kZ dh nj ls C;kt( vFkok ( x ) [kaM ( d ) ;k ( [k ) dh n'kkvksa esa olwyh dk [kpZA ] 14. Subscription for shares or debentures or guarantee of a minimum return on capital. - The conditions of the taking of shares or debentures by the State Government, or the guarantee of a minimum return on the whole or part of the capital of any industry, shall be- (a) that the industry shall be subject to the conditions of Section 9 in respect of inspection and returns; and (b) that for all shares and debentures taken by the State Government there shall be taken by other persons shares or debentures of the amount which shall be at least fifty per centum of the amount paid by the State Government. 15. Subsidies. - (1) Except in the case of societies registered under the Bihar and Orissa Co-operative Societies Act, 1935 (B. and O. Act VI of 1935), and persons trained in particular trades at Government cost, no subsidy shall exceed fifty per centum of the cost of establishment or running or expansion or development, as the case may be, in the case of small scale industries, or of the cost of research or purchase of machinery, as the case may be, in the case of any other industry. (2) The condition of a grant of subsidy to industries other than small scale industries for the conduct of research or the purchase of machinery or of any payment under guarantee of a minimum return on the paid up capital of the grant on favourable terms of land, raw materials, firewood, water or other property of the State Government, or of the supply of electrical energy at concessional rates from a source which is the property of the State Government, shall ordinarily be- (a) that an amount equal to the sum paid or to the money value of the grant or concession as fixed at the time when it was made shall be repaid to the State Government at the close of such term of years as may be fixed by the State Government in this behalf, if within that term the industry be shown to the satisfaction of the State Government to be paying interest or dividend upon the capital invested in such an industry in excess of such rate as the State Government may determine; and (b) that such State aid shall be discontinued if the industry be shown to the satisfaction of the State Government to be earning profit in excess of such rates as the State Government may prescribe. 16. Disposal of profits when conditions on which State aid is given are not fulfilled. - No recipient of State aid shall pay any dividend, or distribute or take any profits, in excess of such percentage rate upon the amount of the capital of the industry as the Government may, from time to time fix, until the conditions on which the State aid has been granted are fulfilled.The balance on the profits, after necessary amounts have been set aside for obsolescence or depreciation of machinery and buildings and for the payment of interest on debentures of loans, shall be carried to a reserve found to be utilized in such manner as the State Government may approve.\nd\nckdh fdlh m/kkj dh iwjh jde vkSj mi ij ;Fkk'kks/; C;kt( vFkok\n( [k ) ;fn lkgk;~; m/kkj ls fHkUu :i esa eatwj fd;k x;k gks rks fj;k;r dh eatwjh dh jde] ftruh eatwjh ds le; fu;r dh xbZ gks rFkk fj;k;r dh eatwjh dh rkjh[k ls olwyh dh rkjh[k rd vf/kd&ls&vf/kd ckjg izfr'kr izfro\"kZ dh nj ls C;kt( vFkok ( x ) [kaM ( d ) ;k ( [k ) dh n'kkvksa esa olwyh dk [kpZA ] 14. Subscription for shares or debentures or guarantee of a minimum return on capital. - The conditions of the taking of shares or debentures by the State Government, or the guarantee of a minimum return on the whole or part of the capital of any industry, shall be- (a) that the industry shall be subject to the conditions of Section 9 in respect of inspection and returns; and (b) that for all shares and debentures taken by the State Government there shall be taken by other persons shares or debentures of the amount which shall be at least fifty per centum of the amount paid by the State Government. 15. Subsidies. - (1) Except in the case of societies registered under the Bihar and Orissa Co-operative Societies Act, 1935 (B. and O. Act VI of 1935), and persons trained in particular trades at Government cost, no subsidy shall exceed fifty per centum of the cost of establishment or running or expansion or development, as the case may be, in the case of small scale industries, or of the cost of research or purchase of machinery, as the case may be, in the case of any other industry. (2) The condition of a grant of subsidy to industries other than small scale industries for the conduct of research or the purchase of machinery or of any payment under guarantee of a minimum return on the paid up capital of the grant on favourable terms of land, raw materials, firewood, water or other property of the State Government, or of the supply of electrical energy at concessional rates from a source which is the property of the State Government, shall ordinarily be-\n[k\n;fn lkgk;~; m/kkj ls fHkUu :i esa eatwj fd;k x;k gks rks fj;k;r dh eatwjh dh jde] ftruh eatwjh ds le; fu;r dh xbZ gks rFkk fj;k;r dh eatwjh dh rkjh[k ls olwyh dh rkjh[k rd vf/kd&ls&vf/kd ckjg izfr'kr izfro\"kZ dh nj ls C;kt( vFkok\n( x ) [kaM ( d ) ;k ( [k ) dh n'kkvksa esa olwyh dk [kpZA ] 14. Subscription for shares or debentures or guarantee of a minimum return on capital. - The conditions of the taking of shares or debentures by the State Government, or the guarantee of a minimum return on the whole or part of the capital of any industry, shall be- (a) that the industry shall be subject to the conditions of Section 9 in respect of inspection and returns; and (b) that for all shares and debentures taken by the State Government there shall be taken by other persons shares or debentures of the amount which shall be at least fifty per centum of the amount paid by the State Government. 15. Subsidies. - (1) Except in the case of societies registered under the Bihar and Orissa Co-operative Societies Act, 1935 (B. and O. Act VI of 1935), and persons trained in particular trades at Government cost, no subsidy shall exceed fifty per centum of the cost of establishment or running or expansion or development, as the case may be, in the case of small scale industries, or of the cost of research or purchase of machinery, as the case may be, in the case of any other industry.\nx\n[kaM\nd\n;k\n[k\ndh n'kkvksa esa olwyh dk [kpZA",
            "footnote": "",
            "is_definition": false,
            "sort_order": 11
        },
        {
            "number": "14",
            "title": "14. Subscription for shares or debentures or guarantee of a minimum return on capital. - The conditions of the taking of shares or debentures by the State Government, or the guarantee of a minimum return on the whole or part of the capital of any industry, shall be-",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 12
        },
        {
            "number": "14",
            "title": "14. Subscription for shares or debentures or guarantee of a minimum return on capital.",
            "chapter": null,
            "content": "(a) that the industry shall be subject to the conditions of Section 9 in respect of inspection and returns; and\n(b) that for all shares and debentures taken by the State Government there shall be taken by other persons shares or debentures of the amount which shall be at least fifty per centum of the amount paid by the State Government.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 13
        },
        {
            "number": "15",
            "title": "15. Subsidies.",
            "chapter": null,
            "content": "(a) that an amount equal to the sum paid or to the money value of the grant or concession as fixed at the time when it was made shall be repaid to the State Government at the close of such term of years as may be fixed by the State Government in this behalf, if within that term the industry be shown to the satisfaction of the State Government to be paying interest or dividend upon the capital invested in such an industry in excess of such rate as the State Government may determine; and\n(b) that such State aid shall be discontinued if the industry be shown to the satisfaction of the State Government to be earning profit in excess of such rates as the State Government may prescribe.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 14
        },
        {
            "number": "16",
            "title": "16. Disposal of profits when conditions on which State aid is given are not fulfilled.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 15
        },
        {
            "number": "17",
            "title": "17. Government control of aided industry.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 16
        },
        {
            "number": "18",
            "title": "18. Recovery of moneys due under this Chapter.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 17
        },
        {
            "number": "19",
            "title": "19. Levy of fees.",
            "chapter": null,
            "content": "Chapter IV\nSupply of Machinery on the Hire-Purchase System",
            "footnote": "",
            "is_definition": false,
            "sort_order": 18
        },
        {
            "number": "20",
            "title": "20. Percentage of cost to be deposited by hirer.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 19
        },
        {
            "number": "21",
            "title": "21. Particulars to be specified in order when application is allowed.",
            "chapter": null,
            "content": "(a) the amount of each instalment of rent to be paid for hire of the machinery and the number of such instalments to be paid before the machinery shall become property of the hirer;\n(b) the amount of interest, if any, to be paid with each instalment of rent on the remaining unpaid instalments;\n(c) the dates on which and the manner in which the aforesaid payments shall be made; and\n(d) such other particulars as may be prescribed.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 20
        },
        {
            "number": "22",
            "title": "22. Conditions of supply of machinery on hire-purchase system.",
            "chapter": null,
            "content": "(a) the hirer shall pay punctually without demand the instalments of rent and amount of interest specified in the order referred to in Section 21;\n(b) the hirer shall retain the machinery in his own possession in good and serviceable order and condition and shall not, without the previous written consent of the Director make any addition thereto or alteration therein nor shall remove the machinery from the premises specified in the application for the supply thereof;\n(c) the machinery shall remain the sole and absolute property of the State Government and any transfer thereof, or assignment of any right, title or interest therein, or the creation of any mortgage, incumbrance or any other charge thereon, by the hirer shall be void as against Government unless it has been made with the previous written consent of the Director;\n(d) the machinery shall not be liable to distraint, attachment or sale by any process under law tor the time being in force;\n(e) the machinery shall bear a metal plate in the prescribed form and any person who wilfully removes or defaces such plate shall be liable to a fine not exceeding five hundred rupees and it shall be presumed, until the contrary is proved that the machinery bearing such metal plate is the property of the State Government hired out under this Chapter;\n(f) the hirer shall permit the Director, or any person authorised by the Director in this behalf, to inspect the machinery at reasonable times and the Director or such other person shall have all such powers of entry as may be necessary for the purpose of making an inspection; and\n(g) in addition to the foregoing conditions the hirer shall be bound by such other conditions consistent therewith as may be prescribed, or may be imposed by the Director in any particular case.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 21
        },
        {
            "number": "23",
            "title": "23. Consequences of default by hirer.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 22
        },
        {
            "number": "24",
            "title": "24. Option of hirer to purchase machinery seized in default.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 23
        },
        {
            "number": "25",
            "title": "25. Termination of hiring by hirer.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 24
        },
        {
            "number": "26",
            "title": "26. Liability of hirer on termination of hiring under Sections 23 and 25.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 25
        },
        {
            "number": "27",
            "title": "27. Termination of hiring on payment of cost of machinery.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 26
        },
        {
            "number": "28",
            "title": "28. Penalty for omission to remove metal plate when machinery becomes property of hirer.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 27
        },
        {
            "number": "29",
            "title": "29. Recovery of sums due under this Chapter.",
            "chapter": null,
            "content": "Chapter V\nSupplemental",
            "footnote": "",
            "is_definition": false,
            "sort_order": 28
        },
        {
            "number": "30",
            "title": "30. Finality of decision of State Government and bar of suits and proceedings in Civil and Criminal Courts.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 29
        },
        {
            "number": "31",
            "title": "31. Exemption of certain classes of persons.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 30
        },
        {
            "number": "32",
            "title": "32. Remission of interest.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 31
        },
        {
            "number": "33",
            "title": "33. Separate provision of funds for small scale industries.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 32
        },
        {
            "number": "34",
            "title": "34. Power to make rules.",
            "chapter": null,
            "content": "(a) the delegation of the power to give State aid under Section 4;\n(b) the conduct of proceedings of the Board including the manner in which notice of a meeting shall be given, the fixing of a quorum and the due record of proceedings;\n(c) the manner of making applications for State aid under sub-section (1) of Section 6 and all matters relative to the publication of such applications, and the submission and disposal of objections under sub-sections (2) and (3) of the said section;\n(d) the manner of ascertaining the net value of the security offered and the percentage of such value which may be granted as a loan under Section 7;\n(e) the nature of the security to be taken and the conditions under which State aid may be given under Sections 7 and 8;\n(f) the inspection under Section 9 of the premises, buildings, machinery and stock-in-hand and the mode of keeping and auditing the accounts and of furnishing returns of any industry in respect of which State aid has been given;\n[ ( N ) cSad] thou chek fuxe vf/kfu;e] 1956 ( 31] 1956 ) ds v/khu LFkkfir thou chek fuxe] jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,slh vU; foRrh; laLFkk] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;] ;k /kkjk 11 ds v/khu ifCyd lsDVj midze esa udn izR;;] vksojM~kQ~V ;k fu;r vfxzeksa dh jkT; ljdkj }kjk xkajVh rFkk bl izkstukFkZ cSadksa dks ekU;rkA ]\nN\ncSad] thou chek fuxe vf/kfu;e] 1956\n31] 1956\nds v/khu LFkkfir thou chek fuxe] jk\"V~h; y?kq m|ksx fuxe fy0 vFkok ,slh vU; foRrh; laLFkk] tks jkT; ljdkj }kjk le; & le; ij vf/klwfpr dh tk;] ;k /kkjk 11 ds v/khu ifCyd lsDVj midze esa udn izR;;] vksojM~kQ~V ;k fu;r vfxzeksa dh jkT; ljdkj }kjk xkajVh rFkk bl izkstukFkZ cSadksa dks ekU;rkA\n(h) the conditions and dates of the repayment of subsidies and grants and the rate of profit under Section 15;\n(i) the application under Section 16 of profits in the cases in which the conditions on which State aid has been given have not been fulfilled;\n(j) the appointment and functions of Government Directors under Section 17 and the prescribing of other methods of control of industries to which State aid has been given;\n(k) the fees that may be charged under Section 19;\n(l) the percentage of the cost of machinery to be deposited under Section 20;\n(m) additional particulars to be specified in the order referred to in Section 21 and the conditions on which machinery may be supplied on the hire-purchase system;\n(n) the form of the metal plate referred to in clause (e) of Section 22;\n(o) the proportion of the interest on the cost of the machinery payable under Section 24; and\n(p) any other matter which is required by this Act to be prescribed.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 33
        },
        {
            "number": "35",
            "title": "35. Repeal and Saving.",
            "chapter": null,
            "content": "[36.\nfujlu vkSj C;ko`fRr &\n1\nfcgkj m|ksx jkT; & lkgk;~;\nU;k; la'kks/ku\nv/;kns'k] 1981\nfcgkj v/;kns'k la[;k 156] 1981\nblds }kjk fujflr fd;k tkrk gSA\n(2) ,sls fujlu ds gksrs gq, Hkh mDr v/;kns'k ds }kjk ;k v/khu iznRr fdlh 'kfDr ds iz;ksx esa fd;k x;k ;k dh xbZ dksbZ dkjokbZ bl vf/kfu;e ds }kjk ;k v/khu iznRr 'kfDr;ksa ds iz;ksx esa fd;k x;k ;k dh x;h le>h tk;xh ekuksa ;g v/khfu;e ml fnu izo`Rr Fkk ftl fnu ,slk dk;Z fd;k x;k Fkk ;k ,slh dkjokbZ dh xbZ FkhA ]\n,sls fujlu ds gksrs gq, Hkh mDr v/;kns'k ds }kjk ;k v/khu iznRr fdlh 'kfDr ds iz;ksx esa fd;k x;k ;k dh xbZ dksbZ dkjokbZ bl vf/kfu;e ds }kjk ;k v/khu iznRr 'kfDr;ksa ds iz;ksx esa fd;k x;k ;k dh x;h le>h tk;xh ekuksa ;g v/khfu;e ml fnu izo`Rr Fkk ftl fnu ,slk dk;Z fd;k x;k Fkk ;k ,slh dkjokbZ dh xbZ FkhA",
            "footnote": "",
            "is_definition": false,
            "sort_order": 34
        }
    ],
    "metadata": {
        "Act ID": "bh014",
        "Act Number": "Bihar Act 24 of 1956",
        "Enactment Date": "",
        "Act Year": "1956",
        "Short Title": "The (Bihar State) Aid to Industries Act, 1956",
        "Type": "STATE",
        "Location": "Bihar"
    },
    "updated_at": "2026-09-29 21:55:19"
}