INDIA CODE
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Section 10, Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003 [S21-6TP]

As at 7 September 2026. In force from 11 January 2003.

In Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003 [A11-87M]. This text from 11 January 2003. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 10, Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003 [S21-6TP]. Machine: S21-6TP.

10. Power to exempt.—The Central Government may, if it is satisfied that it is necessary in the public interest so to do, by notification, exempt any class of principals employer from all or any of the provisions of this Act, subject to such conditions, if any, as may be specified in the notification.

Defined terms in this text (1)

employer: Section 2, Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003 [S216J6] (In this Act, unless the context otherwise requires,—): "employer" means the person who has ultimate control over the affairs of the establishment

employer: 18 more definitions.

Made under this section, or naming it (2)

Notification S.O. 882(E), dated 10th April, 2006 [N12-CNH], 10 April 2006, in force. Recital: "In exercise of the powers conferred by section 10 of the Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003 (53 of 2003), the Central Government, being satisfied that it is necessary in the public interest so to do"

Notification S.O. 1798(E), dated 25th September, 2003 [N12-BQ9], 25 September 2003, in force. Recital: "In exercise of the powers conferred by section 10 of the Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003 (53 of 2003), the Central Government, being satisfied that it is necessary in the public interest so to do"

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Not held (0)

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Section 10, Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003 [S21-6TP]