Section 7, Petroleum Act, 1934 [S17-RDA]
As at 6 September 2026. In force from 13 July 1934.
7. Maintenance of records and furnishing of returns.—(1) Every generating company shall maintain such records and registers relating to the generation of electricity as may be prescribed and shall preserve them for a period of five years. (2) Every generating company shall furnish to the Central Commission a return in Form II within thirty days from the end of every financial year, and such other information as the Central Commission may, by order in writing, require.
Defined terms in this text (1)
generating company: Section 2, Petroleum Act, 1934 [S17R80] (In this Act, unless the context otherwise requires,—): "generating company" means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station
generating company: 17 more definitions.
Made under this section, or naming it (0)
none
Cited by (2)
Section 67, Petroleum Act, 1934 [S17-T9A], 13 July 1934, Band A. "section 7".
Rule 6, Petroleum Act Rules, 1934 [S17-TW5], 7 November 1934, Band A. "sub-section (2) of section 7 of the Act".
Not held (0)
none
Duties published under this section (1)
D10-CRC. Every generating company: Maintain records and registers of the generation of electricity; preserve for five years; furnish the annual return in Form II; thirty days from the end of every financial year; Form II. Published by Central Electricity Authority, Ministry of Power (synthetic record).