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Industry specific-Medical Central Ministry of Law and Justice Atomic Energy Act, 1962

The Ministry of Law And Justice has issued the Atomic Energy (Amendment) Act, 2015 amending provisions under the Atomic Energy Act, 1962

15-May-2023 | S.O. 3055(E)

The Ministry of Law And Justice has issued the Atomic Energy (Amendment) Act, 2015 amending provisions under the Atomic Energy Act, 1962

Highlights of the amendment are:

1. Definition of government company has been substituted where now a government company is one in which at least 51% of the paid-up share capital is held by the central government. It includes companies where the whole of the paid-up share capital is held by one or more government company and whose articles of association empower the central government to constitute its Board of Directors.

2. Amendment in section 14, new sub-section has been inserted where no license shall be granted to a person other than a Department of the Central Government or any authority or an institution or a corporation established by the Central Government, or a Government company.

Please refer to the attached document for more details

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