Junagadh Administration (Property) Act, 1948

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ACT NO. 26 OF 1948

[13th April, 1948.]

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 for the vesting of certain property belonging to the said

State in the Administrator thereof, and for certain incidental matters;

It is hereby enacted as follows:—

  1. Short title.—This Act may be called the Junagadh Administration (Property) Act, 1948.
  2. Definition.—In this Act “Administrator” means the person appointed by the Central

Government to be the Administrator of the State of Junagadh.

  1. Vesting and disposal of property and powders of Administrator.—(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 Secretary

to His Highness the Nawab of Junagadh, or the Manager and Engineer-in-Chief, Junagadh State

Railway, or the Chief Accounts Officer, 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 November 1947 to have

vested in the Administrator, and the Administrator 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 Administrator.

(2) Without prejudice to the generality of the foregoing provisions, the Administrator shall have

the power to—

(a) receive and give full and effectual discharge for or in respect of the bank deposits,

securities and shares described in the Schedule;

(b) sell, transfer or otherwise dispose of or deal with such property.

  1. Issue of duplicate securities.—Notwithstanding anything contained in any law for the time

being in force, the Reserve Bank of India 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 1944).

  1. 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

Administrator, shall be, and shall always be deemed to have been, void and of no effect.

  1. 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.

(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.

  1. Protection of action taken under this Act.—No suit, prosecution or other legal proceeding

shall lie against the Central Government, the Reserve Bank of India, any bank or company named in

Parts 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.

  1. Power of the Central Government to add to the schedule.—The Central 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.

2

  1. Repeal of Ordinance No. 30 of 1947.—(1) The Junagadh Administration (Property)

Ordinance, 1947, is hereby repealed.

(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.

______

THE SCHEDULE

PART I.—BANK DEPOSITS

Serial No. Name of Bank In whose name standing

  1. The Imperial Bank of India, Bombay . . . . Dewan, Junagadh State.
  2. The Bank of India, Limited, Bombay . . . . Dewan, Junagadh State.
  3. The National Bank of India, Limited, Bombay . . . Private Secretary to His Highness the Nawab

of Junagadh.

  1. The Bank of India, Limited, Bombay . . . . Manager and Engineer-in Chief, Junagadh

State Railway, on behalf of the Raiway.

  1. The Bank of India, Limited, Bombay . . . . Chief Accounts Officer, Junagadh State.

PART II.—GOVERNMENT SECURITIES

Serial

No. Kind of security, form and denomination Amount

Rs.

  1. 4% Government Loan 1960/70 (Special Form) in the name of His Highness the

Nawab of Junagadh, Nos. BY 042362 to BY 042386 (25 × 50,000); Nos. BY 042449

and BY 042450 (2 × 50,000); Nos. BY 055398 to BY 055400 3 Nos. BY 066210 to

BY 066214 (8 × 1,00,000); Nos. BY 067031 to BY 067036 (6 × 25,000) . . . . . . . . .

23,00,000

  1. 4 1/2 % Government Loan 1955/60 (Special Form) in the name of His Highness the

Nawab of Junagadh Nos. BY 012641 and BY 012642 (2 × 1,00,000) . . . . . . . . . . . . . 2,00,000

  1. 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 011838 (1 × 10,000),

No. BY 011839 (1 × 25,000). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

 

35,000

  1. 3% Government Loan 1963/65 (Special Form) in the name of His Highness the

Nawab of Junagadh, No. BY 026364 (1 X 15,700); Nos. BY 026365 to BY 026376,

Nos. BY 036890 to BY 036904 (27 × 1,00,000) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,15,700

  1. 31/2% Government Loan 1947/50 (Special Form) in the name of His Highness the

Nawab of Junagadh, Nos. BY 021217 to BY 021220 (4 × 1,00,000) . . . . . . . . . . . . . 4,00,000

  1. 3% Government Loan 1951/54 (Special Form) in the name of His Highness the

Nawab of Junagadh, Nos. BY 021377 to BY 021424 48 × 25,000) . . . . . . . . . . . . . . . 12,00,000

  1. 31/2% Government Loan 1954/59 (Special Form) in the name of His Highness the

Nawab of Junagadh Nos. BY 003186 to BY 003209 (24 × 25,000) . . . . . . . . . . . . . . 6,00,000

  1. 3% Funding Loan 1966/68 (Special Form) in the name of His Highness the Nawab of

Junagad Nos. BY 018923 to BY 018927 (5 × 5,00,000). . . . . . . . . . . . . . . . . . . . . 25,00,000

3

  1. 3% Victory Loan 1957 (Special Form) in the name of His Highness the Nawab of

Junagadh, Nos. BY 033754 to BY 033756 (3 × 5,00,000) . . . . . . . . . . . . . . . . . . . . . . 15,00,000

  1. 3% Conversion Loan 1946 (Special Form) in the name of His Highness the Nawab of

Junagadh, Nos. BY 068173 to BY 068177 (5 × 1,00,00) repayable on or after

16th September 1986. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,00,000

  1. 3% Government Loan 1963/65 (Ordinary Form) in the name of Colonel His

Highness Sir Mahabatkhanji, G.C.I.E., K.C.S.I., Nawab Sahib of Junagadh, Nos. BY

053649, and BY 053650, Nos. BY 052313 to BY 052320, Nos. BY 054411 to BY

054414, Nos.CA 031142 and CA 031143, Nos. BY 050506 to BY 050527

(38 × 25,000). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,50,000

TOTAL. . . . . . . . . . . . . . . . . . . . . . . . . . . 1,29,00,700

PART III.—SHARES OF JOINT STOCK COMPANIES

Serial No. Name of Joint Stock Company Shares

  1. The Industrial Investment Trust,

Limited.

1,000 shares in the name of His Highness Sir Mahabat

Khan, G.C.I.E. Nos. 29652 to 30651.

  1. The Central Provinces Railway

Company, Limited.

1,000 shares in the name of His Highness Nawab

Mahabat Sahib Khan Rasul Khan, Nos. 47767 to 48766.

1

[3. The Air Service of India . . . . . . . . 120 ordinary shares of Rs.15 each in the name of Colonel

His Highness Sir Mahabat Khanji, Nos. D. 9311 to

  1. 9430.
  2. Do . . . . . . . . . . . . . . 120 shares of Rs.15 each in the name of Dewan

Junagadh, State Nos. D. 3888 to D. 4007.

  1. The Hindustan Motors Limited . . . . 7 shares of Rs.20 each in the name of Liaqat Mohammad

Khan Nos.13913, 13924 to 13926 and 46773 to 46775.]

 

  1. Added by notification No. 199-P, dated 5th May, 1948, see Gazette of India, 1948, Part I.