Statutory merger law and legal definition uslegal, inc. The national highways act 1956 indian bare acts india bare. The national highways act 1956 in india bare acts, banking and insurance, business and corporate, constitutional, consumer laws, criminal law, energy, environmental, family and inheritance, heritage and national importance, immigration law, labor law, the national highways act 1956 national security, others, procedural and administration, property. An act to provide for the declaration of certain highways to be national highways and for. Provided that the central government may, by notification, exempt any section of national highway, permanent bridge, bypass or tunnel. Chapter i preliminary short title, extent and commencement. Government of india ministry of shipping, road transport. Section 2 in the control of national highways land and. Pdf analysing road regulation in india through the arie freiberg. Our growing family of brands shares our commitment to delivering the wabash experience. Acts online provides legislation, including amendments and regulations, in an intuitive, online format.
In 1991 by the highway authority of pakistan act was passed to monitor the. Published under the legislation revision and publication act 2002. The resulting legislation was the federalaid highway act of 1938, which directed the chief of the bureau of public roads bpr to study the feasibility of a sixroute toll network. Statutory merger law and legal definition a statutory merger is defined as a combination of two or more corporations under the corporation laws of the state, with one of the corporations surviving. The control of national highways land and traffic act, 2002. Details related to the national highways authority of india amendment act, 20 are given. Pdf road regulation, especially of national highways in india, is done. Jun 27, 2016 the national lands commission is created by the national land registration act and the lands title commission is created by the land titles commission act. Planning requirements gn r1005 in gg 23659 of 24 july 2002. By means of a codification of recent practice, supplemented by quite detailed procedural provisions, this law makes available certain important new transactional tools for facilitating reorganisations. We are the leading resource for freely available legislation in south africa and are used daily by thousands of professionals and industry leaders. In this act, unless the context otherwise requires.
A bill to amend title 23, united states code, to provide for the designation of the national highway system, and for other purposes. Merger act require approval by the board of directors or, as the case may be, the supreme managing or administrative body articles 12 section 1, 36 section 1, 59 section 1 and 70 section 1. Control of national highways land and traffic act2002. The national highways authority of india act, 1988 no. National highways act 1956 section 3g judgments legalcrystal. Whereas it is expedient to establish a national highway authority for planning, development, operation and maintenance of national highways and strategic roads and to provide for matters connected therewith or incidental thereto. This act may be cited as the national highway system designation act of 1995. Armys first transcontinental motor convoy across the united states on the historic lincoln highway, which was the first road across america.
Saturday june 11, 2016 assabt ramadan 06, 1437 sanivara jyaistha 21, 1938, at 06. Exempt from sunsetting by the legislative instruments act 2003 s 542 item 4. During the operation of an order made under subsection 1, it shall be competent for the central government to issue, from time to time, such directions to the authority as are necessary to enable the authorised person to exercise the powers and discharge the functions of the authority under this act in relation to the national highway or. The federal aid highway act of 1956, popularly known as the national interstate and defense highways act public law 84627, was enacted on june 29, 1956, when president dwight d. Section 2 in the control of national highways land and traffic act, 2002. Commission regulation ec n 338494 of 21 december 1994 on the notifications, time limits and hearings provided for in council regulation eec n 406489 on the control of concentrations between undertakings oj l 377, 21. Provided that the central government may, by notification, exempt any section of national highway, permanent bridge, bypass or tunnel constructed through a. An act to consolidate the highways acts 1959 to 1971 and related. Every objection under subsection 1 shall be made to the competent authority in writing and shall set out the grounds thereof and the competent authority shall give the objector an opportunity of being heard, either in person or by a legal practitioner, and may, after hearing all such objections and after making such further enquiry, if any, as the competent authority thinks necessary, by. Be it enacted by the senate and house of representatives of the united states of america in congress assembled, section 1. Be it enacted by parliament in the seventh year of the republic of india as follows. Every objection under subsection 1 shall be made to the competent authority in writing and shall set out the grounds thereof and the competent authority shall give the objector an opportunity of being heard, either in person or by a legal practitioner, and may, after hearing all such objections and after making such further enquiry, if any, as the competent authority thinks. National highway system designation act of 1995 1995.
In this act, unless there is any thing repugnant to the subject or context. Mergers and acquisitions page 7 the first wave was also characterized by friendly deals and by cash financing. That same year, the national highway board was set up to monitor the development and maintenance of these federalised roads by provincial highway departments. This article summarizes the major provisions of the legislation.
It has been developed with an objective to enable a single window access to information and services being provided by the various indian government entities. In 1978, the government of pakistan federalised five important interprovincial roads named and named them national highways. The national highway system designation act of 1995 p. But with america on the verge of joining the war in europe, the time for a massive highway program had not arrived. The act also designate highways in district of columbia, and commonwealth of puerto rico, the act also creates a state infrastructure bank pilot program for road financing. The enterprise act 2002 merger fees and determination of. Act an authority to be called the national highways authority of india. Highlights include future modifications, connections to major intermodal terminals, repealing the national maximum speed limit, motorcycle helmets, zero. The national highway system designation act was enacted in 1995. Wabash national brands are recognized for quality, performance and innovation leadership.
It has been developed with an objective to enable a single window access to information and services being provided by the various indian. The national lands commission is created by the national land registration act and the lands title commission is created by the land titles commission act. Having said this, we still do not know why the merger wave started in the first place. The national highways act 1956 in india bare acts, banking and insurance, business and corporate, constitutional, consumer laws, criminal law, energy, environmental, family and inheritance, heritage and national importance, immigration law, labor law, the national highways act 1956 national security, others, procedural and administration, property related, public utilities, shipping laws, tax laws.
Financial performance before and after mergers and acquisitions of the selected indian companies chapter1 introduction. The intermodal surface transportation efficiency act of 1991 authorized establishment of a national highway system that would. An act to provide for the declaration of certain highways to be national highways and for matters connected therewith. Fasb asc 805 business combinations, provides principles for allocating the fair value of an acquired business. In 1991 by the highway authority of pakistan act was passed to monitor the works and administration of national highways, motorways, expressways and strategic roads. The national highways act, 1956 public works department. The national highways fee determination of rates and. The act also designate highways in district of columbia, and commonwealth of puerto rico. Guidelines for retail outlet or private property morth noc.
Whereas it is expedient to establish a national highway authority for planning, development, operation and maintenance of national. In the first place, laws on incorporations were evolving and were. Our documents national interstate and defense highways act. The control of national highways land and traffic act. Section 328 of the national highway system designation act pl 10459 amended section 1058 of istea which originally required each state highway agency to include a minimum of 2. The intermodal surface transportation efficiency act of 1991 authorized establishment of a national highway system that would be the primary federal focus of the postinterstate era. An act to provide for control of land within the national highways, right of way and traffic moving on the national highways and also for removal of unauthorised occupation thereon. A business combination in which only one company continues to exist as a legal entity. Where the highway administration or the officer authorised by such administration in this behalf is of the opinion that it is necessary in the interest of traffic safety or convenience to cancel any permit issued under subsection 2 of section 24, it may, after recording the reasons in. National land transport transition amendment act 31 of 2001 national land transport transition amendment act 26 of 2006 crossborder road transport amendment act 12 of 2008 regulations under this act current public transport records. The central government may by notification, levy fee for use of any section of national highway, permanent bridge, bypass or tunnel forming part of the national highway, as the case may be, in accordance with the provisions of these rules.
National highway traffic safety administration electronics, software, and engineering expertise. National highways authority of india amendment act 20. Highway means a national highway declared as such under section 2 of the national highways act, 1956 48 of 1956. With acts you are guaranteed the latest and most up to date resource for your legislative needs. The national highways act 1956 indian bare acts india. In this schedule the regulations means the national road traffic regulations published in government notice no. Appointment of officers to act on behalf of highway administration. When the collective fair values of the separately identified assets acquired and liabilities.
Control of national highways land and traffic act, 2002. The main focus of the act is on land acquisition for the purpose of road construction. The surviving corporation acquires the assets and liabilities of the merged corporations by operation of state law. We are going through this process of merger that will rationalise manpower, funds and other such resources. Next amendment to the national road traffic regulations. The instrument amends the national capital plan december 1990 to facilitate duplication of the federal highway between the actnsw border and stirling avenue, watson in the act. Transportation infrastructure finance and innovation act of 1998. Users can get information on the act, its objectives, short title, commencement and definition.
An act to establish and provide for the functions of the office of fair trading, the competition appeal tribunal and the competition service. The highly publicized 1919 convoy was intended, in part, to. National highway system designation act law and legal. Swiss merger act on july 1st, 2004, the new swiss merger act came into force. This also applies to transfers of assets and liabilities irrespective of the size of. Whats new national permit system land acquisition monthly summary of principal activities of the ministry new material technology. European commission competition mergers merger legislation. Information about amendments and sections of the act is also provided. An act to authorize funds for federalaid highways, highway safety programs, and transit. Declaration of certain highways to be national highways. Part 2 of this order provides for fees to be payable in connection with the exercise by the secretary of state, the oft and the competition commission of their functions relating to completed and anticipated mergers under part 3 of the enterprise act 2002 the act. It can also make provisions to conduct timely modifications to the highway system. Eisenhowers support of the federalaid highway act of 1956 can be directly attributed to his experiences in 1919 as a participant in the u. Highway means a national highway declared as such under section 2 of the national highways act, 1956 48 of 1956 and includes any expressway or express highway vested in the central government, whether surfaced or unsurfaced, and also includes.
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