Taxmann’s Industries (Development and Regulation) Act 1951 – Bare Act with Section Notes – Edition 2025.

Taxmann’s Industries (Development and Regulation) Act 1951 – Bare Act with Section Notes – Edition 2025.

Description

Industries (Development and Regulation) Act 1951 [Bare Act with Section Notes ] by Taxmann is an updated legal text encapsulating the statutory framework regulating India’s core industrial sectors. This law underpins the systematic development and regulation of various ‘scheduled industries.’ The 2025 Edition provides the complete, amended text of the Act, enhanced by key judicial interpretations and relevant amendments over time. It is a helpful resource for getting a precise understanding of how industrial undertakings are supervised, licensed, and controlled by the central government in India.

This book is intended for the following audience:

• Legal Professionals & Advocates – Lawyers and advocates advising clients on industrial regulations, licensing requirements, or compliance with the Act will find this bare Act invaluable for reference and argument in court
• Company Secretaries & Compliance Officers – Professionals responsible for corporate governance, industrial licensing, and compliance matters in factories or companies covered under the Act can rely on this book to ensure that their undertakings adhere to the prescribed legal framework
• Industry Stakeholders & Entrepreneurs – Business owners looking to set up, expand, or restructure industrial undertakings will benefit from the clarity on licensing, exemptions, and regulatory processes
• Government Officers & Policy Makers – Officials involved in drafting policy, issuing industrial licenses, or overseeing compliance at the central or state level will find an authoritative text on the law’s scope and applications
• Students & Academics – Law students, researchers, and academicians studying industrial law, economic regulations, or administrative law will gain extensive insights into the legislative structure, historical context, and modern relevance of the Act

The Present Publication is the 2025 Edition, covering the amended and updated text of the Industries (Development and Regulation) Act 1951 [Act No. 65 of 1951 ], with the following noteworthy features:

• [Authentic Text with Amendments] Presents the unabridged text of the IDRA, 1951, updated with all amendments, ensuring readers access the most current version of the law
• [Recent Amendments & Judicial Decisions] Up-to-date references to central government notifications and leading case laws illustrate the evolving nature of industrial regulation
• [Updated with the Jan Vishwas (Amendment of Provisions) Act 2023] It incorporates the Jan Vishwas (Amendment of Provisions) Act, 2023, enacted with the objective of decriminalising and rationalising offences to promote further trust-based governance, ease of living, and ease of doing business
• [User-friendly Format] The Act’s text and notes are systematically arranged, enabling quick navigation to relevant sections, sub-sections, and definitions
• [Case Law References] Important Supreme Court judgments and notable High Court decisions interpreting various sections are incorporated, giving practical insights into how the law is applied
• [Tables & Schedules] Comprehensive coverage of the First, Second, and Third Schedules, providing clarity on scheduled industries, Development Councils’ functions, and other relevant matters

The structure of the book is as follows:

• Bare Act Format – Each provision is reproduced verbatim from the official statute, reflecting all recent amendments up to the 2025 Edition
• Section Notes – Immediately following each section, these notes highlight notable judicial interpretations
• Subject Index – Placed at the end of the book, the comprehensive Subject Index cross-references crucial terms, definitions, sections, and topics. This allows quick navigation and helps readers efficiently locate the provisions they need to consult

Details