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State of Kerala - Section

Section 17 in Kerala Cashew Factories (Acquisition) Act, 1974

17. Repeal and saving.

(1)The Kerala Cashew Factories (Acquisition) Ordinance, 1974 (8 of 1974), is hereby repealed.
(2)Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under this Act as if this Act has commenced on the 28th day of June, 1974.The Schedule I(See Section 9)Principles for determining amount payable for acquisition of cashew factoriesParagraph IThe amount to be paid by the Government for the acquisition of a cashew factory shall be the sum total of the value of the properties and assets of the factory existing on the appointed day, calculated in accordance with the provisions of Paragraph. II.Paragraph II
(a)
(i)In respect of any land which was part of the factory at the time of establishment of the factory, the value of such land at the time of establishment of the factory ;
(ii)In respect of any land acquired by the owner or occupier for the purposes of the factory subsequent to the establishment of the factory, the value of such land at the time of such acquisition;
(b)The cost of any buildings at the time of construction minus depreciation at the rate of 5 per cent per annum subject to a maximum of 50 per cent depreciation;
(c)The actual cost of acquiring any plant, machinery or other equipment which has not been worked or used and the written down value (determined in accordance with the provisions of the Income Tax Act, 1961) of any other plant, machinery or other equipment, provided that such written down value shall not be be less than 25 per cent of the actual cost of acquiring such plant, machinery or other equipment.
[Schedule II] [Added by Kerala Act No. 14 of 2010](See section 3B)
Sl. No. Reg. No. of the cashew factory Name, description and details of cashewfactory Name and address of the owner
(1) (2) (3) (4)
1 Reg. No. AP. 10 Fy. No. 4, Krishnapuram,Kayamkulam, located atKrishnapuram Village,Karthikapally Taluk,Alleppey Dist., takenoveron lease on 1-3-1971 Shri S. Ramachandra Naik,23-2002 Kadri TempleRoad, Mangalore.
2 Reg. No. K.U. 2 Fy. No. 5, Mynagappally,Karunagappally locatedatMynagappally Village,Karunagappally Taluk,Kollam Dist.,taken overon lease on 15-3-1971 Smt. K. Devayani Amma,Jupitor Cashew Co.,Kochupilammoodu, Kollam.
3 Reg. No. K.T. 72 Fy. No. 7, Nooranadu,Kayamkulam located atNooranadu Palamel Village,Mavelikkara Taluk, AlleppeyDist.,taken over on leaseon 11-5-1971 T. G Walter, MammikunnuBunglow, Mundakkal,Kollam.
4 Reg. No. KU. 78 Fy. No. 8, Puthoor, KollamLocated atPavithreswaramVillage, Kollam Taluk, KollamDistrict., takenover onlease on 12-5-1971 S. Ramachandra Naik; 23-2002 Kadri Temple Road,Mangalore.
5 Reg. No. Q. 1 Fy. No. 9, Kilimanoor,Trivandrum located atPazhayakunnummel Village,Chirayinkeezh Taluk, TrivandrumDist.,taken over on leaseon 3-6-1971 Smt. Devayani Amma, JupitorCashew Co.,Kochupilammoodu,Kollam.
6 Reg. No. KU. 64 Fy. No. 11, Edamulakkal,Edamulakkal Village,Pathanapuram Taluk,Kollam Dist., taken overon lease on14-4-1971 M/s Ramsons &Co., Kollam-4.
7 Reg. No. Q. 55 Fy. No. 12, Chathannoor,Meenadu Village,KollamTaluk, Kollam Dist., takenover on lease on 16-8-1971 Badarudeen Musaliar,Kandannachalil House,Kilikolloor, Kollam-4.
8 Reg. No. KU. 36 Fy. No. 14, - Bharanikkavu,SasthamcottahVillage,Kunnathoor Taluk, KollamDist., taken overon lease on9-2-1972 Smt. Umaiban Beevi,Kambikettle Veedu,Kilikolloor, Kollam.
9 Reg. No. KU. 41 Fy. No. 16, Adinadu,Kulasekharapuram Village,Karunagappally Taluk,Kollam Dist., taken overon lease on7-2-1972 Smt. B. Leela,Padmalayam,Uliyacovil, Kollam.
10 Reg. No. KU. 53 Fy. No. 20, Elampalloor,Elampalloor Village,Kollam Taluk, KollamDist., taken over onlease on 14-2-1972 K. Mydeen Kunju &Sons, KuthirapanthiyilBunglow, Thevally, Kollam.
11 Reg. No. KU. 70 Fy. No. 22, Nedumpaikulam,Ezhukone Village,KollamTaluk, Kollam Dist., takenover on lease on 28-2-1972 K. Suresh, ManagingPartner, Shanmughavilas,Kilikolloor, Kollam.
12 Reg. No. KT. 71 Fy. No. 24, Karimulakkal,Chunakkara Village,MavelikkaraTaluk, Alleppey Dist., taken overon lease on18-5-1972 T. G Walter, MammikunnuBunglow,Kochupilammoodu,Kollam.
13 Reg. No. KU. 88 Fy. No. 26, Thettikuzhy,Thazhuthala Village,Kollam Taluk,Kollam District, takenover on lease on 11-3-1974 Smt. Ummasalummal,Kuruttazhikathu Veedu,Umayanalloor, Kollam.
14 Reg. No. Q. 95 Fy. No. 27, Eravipuram,Eravipuram Village,KollamTaluk, Kollam Dist., takenover on lease on 13-3-1974 M/s Ramsons & Co.,Kollam-4.
15 Reg. No. Q. 96 Fy. No. 28, Parippally,Parippally Village,KollamTaluk, Kollam Dist., takenover on lease on 13-3-1974 M/s Ramsons & Co., Kollam-4.
16 Reg. No. KU. 86 Fy. No. 29, Paruthumpara,Mulavana and EzhukoneVillage,Kollam Taluk, Kollam Dist.,taken over on lease on11-3-1974 M/s M. P. Govindan &Sons, Kollam-4.
17 Reg. No. KU. 158 Fy. No. 30, Kunnathoor,Kunnathoor Village,KunnathoorTaluk, Kollam Dist., takenover on lease on 21-3-1974 G. Bhanu Asan, Vishnu Nivas,Pattathanam,Kollam.
      Present:Sushamma, Sitaram,Acharandil House,Pattathanam,Kollam.
18 Reg. No. Q. 31 Fy. No. 32, Kanjamkadu,Kollam Corporation,KollamTaluk, Kollam Dist., takenover on lease on 23-3-1974 Smt. Rajeswari, W/oGovindaraja Reddiyar, RajiNivas, N.A.N.R. Compound,Main Road, Kollam.
19 Reg. No. Q. 243 Fy. No. 33, Kadakkal,Kadakkal Village,KottarakkaraTaluk, Kollam Dist., takenover on lease on29-4-1974 Smt. B. Jalaja Kumari,Bhaskara, Temple Lane,Medical College P. O.,Ulloor, Trivandrum.
20 Reg. No. KU. 9 Fy. No. 34, Chengamanadu,Melila Village,KottarakkaraTaluk, Kollam Dist., takenover on lease on13-6-1974 Smt. Rajeswari, W/oGovindaraja Reddiyar, RajiNivas, N.A.N.R. Compound,Main Road, Kollam.
[Schedule III] [Inserted by Kerala Act No. 13 of 2015, dated 3.8.2015..](See Section 6A)
SI. No. Reg. No. of the factory Name, description and details of factories Date from which it is vested in Government
(1) (2) (3) (4)
1 K.U.28 M/s Grand Cashew Corporation, Chengamanad,located at Melila Village, Kottarakkara Taluk, Kollam District. 11-5-1984
2 K.U.96 M/s K. A. Karim & Sons, Kilikolloor,located at Kilikolloor Village, Kollam Taluk, Kollam District. 11-5-1984
3 Q.38 M/s P.K. Damodar Cashew Company, Eravipuram,located at Eravipuram Village, Kollam Taluk, Kollam District. 27-7-1984
4 Q.97 M/s Quilon Exports, Chathannoor, located atChathannoor Village, Kollam Taluk, Kollam District. 27-7-1984
5 Q.150 M/s Dhanalekshmi Exports, Navaikulam, locatedat Navaikulam Village, Chirayinkil Taluk, ThiruvananthapuramDistrict. 27-7-1984
6 K.U.59 M/s Rajasree Exports Enterprises, Perinadu,located at Perinadu Village, Kollam Taluk, Kollam District. 27-7-1984
7 K.U.207 M/s Viswanath Cashew Factory, Chathinamkulam,located at Kilikolloor Village, Kollam Taluk, Kollam District 8-2-1985
8 K.U.185 M/s Dalmia International, Perumpuzha, locatedat Kottamkara Village Kollam Taluk, Kollam District. 8-2-1985
9 A.P.9 M/s Standard Cashew Industries, Pathiyoor,located at Pathiyoor Village, Karthikappally Taluk, AlappuzhaDistrict. 25-4-1985
10 A.P. 11 Rajmohan Cashew Limited, Eruva, located atEruva, Kayamkulam in Karthikappally Taluk, Alappuzha District. 11-6-1986