An Act to provide for the vesting of certain property belonging to the
\nState of Junagadh in the Administrator appointed by the Central
\nGovernment.<\/p>\n
WHEREAS on or about the 9th day of November 1947 the administration of the State of Junagadh was handed over to the Central
\nGovernment;<\/p>\n
AND WHEREAS it is necessary to provide for the vesting of certain property belonging to the said State in the Administrator thereof, and for certain incidental matters;<\/p>\n
It is hereby enacted as follows:–<\/p>\n
1.Short title.<\/p>\n
1. Short title. This Act may be called the Junagadh
\nAdministration (Property) Act, 1948.2.Definition.<\/p>\n
2. Definition. In this Act “Administrator” means the person appointed by the Central Government to be the Administrator of the
\nState of Junagadh.<\/p>\n
3.Vesting and disposal of property and powers of Administrator.<\/p>\n
3. Vesting and disposal of property and powers of Administrator.
\n(1) Notwithstanding anything contained in any law for the time being in force, the property described in the Schedule, whether in the name of His Highness the Nawab of Junagadh, or the Dewan or the Private
\nSecretary to His Highness the Nawab of Junagadh, or the Manager and
\nEngineer-in-Chief, Junagadh State Railway, or the Chief Accounts
\nOfficer, Junagadh State, or any other person whatsoever or in the name of more than one of them, shall be deemed on and from the 9th day of
\nNovember 1947 to have vested in the Administrator, and the
\nAdministrator shall, as from that date, hold and be entitled to and have the power to deal with and dispose of the said property as such
\nAdministrator.<\/p>\n
(2) Without prejudice to the generality of the foregoing provisions, the Administrator shall have the power to-<\/p>\n
(a) receive and give full and effectual discharge for or in respect of the bank deposits, securities and shares described in the Schedule;<\/p>\n
16.(b) sell, transfer or otherwise dispose of or deal with such property.<\/p>\n
4.Issue of duplicate securities.<\/p>\n
4. Issue of duplicate securities. Notwithstanding anything contained in any law for the time being in force, the Reserve Bank of
\nIndia shall issue to the Administrator duplicate securities in his name in lieu of the securities specified in Part II of the Schedule as if the securities so specified had been lost, and such duplicate securities shall have the same effect as if they had been issued under section 11 of the Public Debts (Central Government) Act, 1944 (18 of
\n1944).<\/p>\n
5.Transfers otherwise than by Administrator void.<\/p>\n
5. Transfers otherwise than by Administrator void. Any transfer of, or dealing with, any of the property described in the Schedule after the 8th day of November 1947, otherwise than by the
\nAdministrator, shall be, and shall always be deemed to have been, void and of no effect.<\/p>\n
6.Bar of jurisdiction.<\/p>\n
6. Bar of jurisdiction. (1) No Court shall have jurisdiction to entertain any suit or other proceeding in respect of any of the property described in the Schedule or to enforce any liability in respect thereof, otherwise than at the instance of the Administrator.<\/p>\n
(2) Any claim in respect of such property by any person other than the Administrator may be submitted to the Central Government, whose decision in the matter shall be final.<\/p>\n
7.Protection of action taken under this Act.<\/p>\n
7. Protection of action taken under this Act. No suit, prosecution or other legal proceeding shall lie against the Central
\nGovernment, the Reserve Bank of India, any bank or company named in
\nParts I and III of the Schedule or any person for anything which is in good faith done or intended to be done in pursuance of any of the provisions of this Act.<\/p>\n
8.Power of the Central Government to add to the Schedule.<\/p>\n
8. Power of the Central Government to add to the Schedule. The
\nCentral Government may from time to time add to the items of property included in the Schedule by notification in the Official gazette and on such notification such property shall be deemed to have been always included in the Schedule.<\/p>\n
9.Repeal of Ordinance No. 30 of 1947.9. Repeal of Ordinance No. 30 of 1947. (1) The Junagadh
\nAdministration (Property) Ordinance, 1947, is hereby repealed.<\/p>\n
(2) Anything done or any action taken in exercise of any power conferred by or under the said Ordinance shall, so far as it is not inconsistent with this Act, be deemed to have been done or taken in exercise of the powers conferred by or under this Act as if this Act had commenced on the 24th day of December, 1947.17.PART<\/p>\n
GOVERNMENT SECURITIES<\/p>\n
PART II.–GOVERNMENT SECURITIES<\/p>\n
———————————————————————-
\nSerial Kind of security, from and denomination Amount
\nNo.
\n———————————————————————-
\nRs.
\n1. 4 Government Loan 1960\/70 (Special Form) in the name of His Highness the Nawab of Juna-
\ngadh, Nos. BY 042362 to BY 042386.(25X50,000) ; Nos. BY 042449 and BY 042450
\n(2X50,000) ; Nos. BY 055398 to BY 055400 ; Nos.
\nBY 066210 to BY 066214 (8X1,00,000) ; Nos. BY
\n067031 to BY 067036 (6X25,000) . . . . 23,00,000<\/p>\n
2. 4 1\/2 Government Loan 1955\/60 (Special Form) in the name of His Highness the Nawab of Juna-
\ngadh Nos. BY 012641 and BY 012642 (2X1,00,000) 2,00,000<\/p>\n
3. 4 1\/2 Government Loan 1955\/60 (Ordinary Form) in the name of His Highness Sir Mahabat Khan, G.C.I.E., K.C.S.I., Nawab of Junagadh No. BY
\n011838 (1X10,000), No. BY 011839 (1X25,000). 35,000<\/p>\n
4. 3 Government Loan 1963\/65 (Special Form) in the name of His Highness the Nawab of Juna-
\ngadh, No. BY 026364 (1X15,700); Nos. BY 026365.to BY 026376, Nos. BY 036890 to BY 036904.(27X1,00,000) . . . . . . . . . . 27,15,700<\/p>\n
5. 3 1\/2 Government Loan 1947\/50 (Special Form) in the name of His Highness the Nawab of Juna-
\ngadh, Nos. BY 021217 to BY 021220 (4X1,00,000) 4,00,000<\/p>\n
6. 3 Government Loan 1951\/54 (Special Form) in the name of His Highness the Nawab of Juna-
\ngadh, Nos. BY 021377 to BY 021424 (48X25,000) 12,00,000<\/p>\n
18.———————————————————————-
\nSerial Kind of security, form and denomination Amount
\nNo.
\n———————————————————————-
\nRs.
\n7. 3 1\/2 Government Loan 1954\/59 (Special Form) in the name of His Highness the Nawab of Juna-
\ngadh Nos. BY 003186 to BY 003209 (24X25,000) 6,00,000<\/p>\n
8. 3 Funding Loan 1966\/68 (Special Form) in the name of His Highness the Nawab of Junagadh, Nos. BY 018923 to BY 018927 (5X5,00,000) 25,00,000<\/p>\n
9. 3 Victory Loan 1957 (Special Form) in the name of His Highness the Nawab of Junagadh, Nos. BY
\n033754 to BY 033756 (3X5,00,000) . . . . . 15,00,000<\/p>\n
10. 3 Conversion Loan 1946 (Special Form) in the name of His Highness the Nawab of Junagadh, Nos. BY 068173 to BY 068177 (5X1,00,000)
\nrepayable on or after 16th September 1986 . 5,00,000<\/p>\n
11. 3 Government Loan 1963\/65 (Ordinary Form) in the name of Colonel His Highness Sir Mahabat-
\nkhanji, G.C.I.E., K.C.S.I., Nawab Sahib of Juna-
\ngadh, Nos. BY 053649, and BY 053650, Nos. BY
\n052313 to BY 052320, Nos. BY 054411 to BY
\n054414, Nos. CA 031142 and CA 031143 , Nos. By
\n050506 to BY 050527 (38X25,000) . . . . 9,50,000
\n———–
\nTOTAL . 1,29,00,700<\/p>\n
PART III.–SHARES OF JOINT STOCK COMPANIES 4. Do. . . . . . . . 120 shares of Rs 15 each in the name of Dewan Junagadh State, Nos. D. 3888 to D. 4007.5. The Hindustan Motors Limited . . 7 shares of Rs. 20 each in the name of Liaqat Mohammad An Act to provide for the vesting of certain property belonging to the State of Junagadh in the Administrator appointed by the Central Government. WHEREAS on or about the 9th day of November 1947 the administration of the State of Junagadh was handed over to the Central Government; AND WHEREAS it is necessary to provide […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[79],"tags":[118,117,116,120,121,119],"class_list":["post-2339","post","type-post","status-publish","format-standard","hentry","category-local-laws","tag-bare-acts","tag-law","tag-legal","tag-notifications","tag-of-india","tag-rules"],"yoast_head":"\n
\n<\/span><\/strong>
\n———————————————————————-
\nSerial Name of Joint Stock Company Shares
\nNo.
\n———————————————————————-
\n1. The Industrial Investment Trust, 1,000 shares in the name of His
\nLimited. Highness Sir Mahabat Khan, G.C.I.E. Nos 29652 to 30651.2. The Central Provinces Railway Com- 1,000 shares in the name of His
\nPany, Limited. Highness Nawab Sahib Mahabat
\nKhan Rasul Khan, Nos 47767 to
\n48766.1*[3. The Air Service of India . . . 120 ordinary shares of Rs. 15.each in the name of Colonel
\nHis Highness Sir Mahabat
\nKhanji, Nos D 9311 to D. 9430.<\/p>\n
\nKhan Nos 13913, 13924 to
\n13926 and 46773 to 46775.]
\n———————————————————————-
\n1. Added by Notification No. 199-P, dated 5th May, 1948, Gazette of
\nIndia, 1948, Pt. I. p. 547.<\/p>\n","protected":false},"excerpt":{"rendered":"