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In force

The National Dairy Development Board Act, 1987

51 sections · As amended up to 2026-08

Sections

  1. 0Section 0
  2. I — PRELIMINARY
  3. 112th October, 1987, vide notification No. S.O. 898(E), dated 12th October, 1987, see Gazette of India, Extraordinary, Part II, sec. 3(i)
  4. 2Declaration of National Dairy Development Board as an institution of national — importance
  5. 3Definitions
  6. II — THE NATIONAL DAIRY DEVELOPMENT BOARD
  7. 4Incorporation of National Dairy Development Board
  8. 5Vesting of undertakings of Indian Dairy Corporation in National Dairy Development Board and dissolution of Indian Dairy Corporation
  9. 6Effect of incorporation of National Dairy Development Board
  10. 7Saving of legal proceedings
  11. III — MANAGEMENT OF THE NATIONAL DAIRY DEVELOPMENT BOARD
  12. 8Management of National Dairy Development Board and composition of its Board of Directors
  13. 9Terms of office and conditions of service, etc., of Chairman and directors
  14. 10Meetings of Board
  15. 11Manner of transacting business of Board
  16. 12Management committees
  17. 13Allowances, etc., of members of management committees
  18. 14Delegation of powers to management committees, etc
  19. 15Delegation of powers to whole-time directors, etc
  20. IV — POWERS AND FUNCTIONS OF THE NATIONAL DAIRY DEVELOPMENT BOARD
  21. 16Powers and functions of National Dairy Development Board
  22. V — PROVISIONS RELATING TO DIRECTORS AND EMPLOYEES OF THE NATIONAL DAIRY DEVELOPMENT BOARD
  23. 17Provisions regarding members of board of society and directors of dissolved company
  24. 18Provisions relating to officers and other employees of society and of dissolved company
  25. 19Section 19
  26. 20Schemes regarding compensation to redundant employees, etc
  27. 21Compensation for transfer of employees not payable
  28. 22Provident fund, gratuity, welfare and other funds
  29. VI — FINANCE, ACCOUNTS AND AUDIT
  30. 23Borrowing powers of Board
  31. 24Grants and loans by Central Government
  32. 25Grants, donations, etc
  33. 26National Dairy Development Board Fund
  34. 27Preparation of accounts and balance-sheet
  35. 28Audit
  36. 29Reports to be laid before Parliament
  37. 30Power to call for repayment before agreed period
  38. 31Special provisions for enforcement of claims by National Dairy Development Board
  39. VII — MISCELLANEOUS
  40. 32Defects in appointments not to invalidate acts, etc., of Board
  41. 33Protection of acts done in good faith
  42. 34Indemnity of directors
  43. 35Obligation as to fidelity and secrecy
  44. 36Recruitment of additional officers and other employees
  45. 37Liquidation only under orders of Central Government
  46. 38Delegation of certain powers by Central Government
  47. 39Transitional provisions for auditors
  48. 40Transitional provisions with regard to Chairman and Board
  49. 41Management or assistance to others to continue
  50. 42Mother Dairy to be a subsidiary unit of National Dairy Development Board
  51. 43Formation of companies with previous approval of Central Government
  52. 44[
  53. 45Returns
  54. 46Power to make schemes and regulations regarding service matters retrospectively
  55. 47Act to have overriding effect
  56. 48Power to make regulations
  57. 49Power to remove difficulties
  58. 50Schemes and regulations to be laid before Parliament