THE NATIONAL DAIRY DEVELOPMENT BOARD ACT, 1987 

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ARRANGEMENT OF SECTIONS 

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CHAPTER I 

PRELIMINARY 

SECTIONS 

1.  Short title and commencement. 
2.  Declaration of National Dairy Development Board as an institution of national   importance. 
3.  Definitions. 

CHAPTER II 

THE NATIONAL DAIRY DEVELOPMENT BOARD 

4.  Incorporation of National Dairy Development Board. 
5.  Vesting of undertakings of Indian Dairy Corporation in National Dairy Development Board and 

dissolution of Indian Dairy Corporation. 

6.  Effect of incorporation of National Dairy Development Board. 
7.  Saving of legal proceedings. 

CHAPTER III 

MANAGEMENT OF THE NATIONAL DAIRY DEVELOPMENT BOARD 

8.  Management of National Dairy Development Board and composition of its Board of   Directors. 
9.  Terms of office and conditions of service, etc., of Chairman and directors. 
10.  Meetings of Board. 
11.  Manner of transacting business of Board. 
12.  Management committees. 
13.  Allowances, etc., of members of management committees. 
14.  Delegation of powers to management committees, etc. 
15.  Delegation of powers to whole-time directors, etc. 

POWERS AND FUNCTIONS OF THE NATIONAL DAIRY DEVELOPMENT BOARD 

16.  Powers and functions of National Dairy Development Board. 

CHAPTER IV 

CHAPTER V 

PROVISIONS RELATING TO DIRECTORS AND EMPLOYEES OF THE NATIONAL DAIRY                  

DEVELOPMENT BOARD 

17.  Provisions regarding members of board of society and directors of dissolved company. 
18.  Provisions relating to officers and other employees of society and of dissolved company. 
19.  Power of Board to restructure and streamline organisational and functional set-up of National 

Dairy Development Board to secure utmost efficiency in functioning. 

20.  Schemes regarding compensation to redundant employees, etc. 
21.  Compensation for transfer of employees not payable. 
22.  Provident fund, gratuity, welfare and other funds. 

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CHAPTER VI 

FINANCE, ACCOUNTS AND AUDIT 

SECTIONS 

23.  Borrowing powers of Board. 
24.  Grants and loans by Central Government. 
25.  Grants, donations, etc. 
26.  National Dairy Development Board Fund. 
27.  Preparation of accounts and balance-sheet. 
28.  Audit. 
29.  Reports to be laid before Parliament. 
30.  Power to call for repayment before agreed period. 
31.  Special provisions for enforcement of claims by National Dairy Development Board. 

CHAPTER VII 

MISCELLANEOUS 

32.  Defects in appointments not to invalidate acts, etc., of Board. 
33.  Protection of acts done in good faith. 
34.  Indemnity of directors. 
35.  Obligation as to fidelity and secrecy. 
36.  Recruitment of additional officers and other employees. 
37.  Liquidation only under orders of Central Government. 
38.  Delegation of certain powers by Central Government. 
39.  Transitional provisions for auditors. 
40.  Transitional provisions with regard to Chairman and Board. 
41.  Management or assistance to others to continue. 
42.  Mother Dairy to be a subsidiary unit of National Dairy Development Board. 
43.  Formation of companies with previous approval of Central Government. 
44.  [Omitted] 
45.  Returns. 
46.  Power to make schemes and regulations regarding service matters retrospectively. 
47.  Act to have overriding effect. 
48.  Power to make regulations. 
49.  Power to remove difficulties. 
50.  Schemes and regulations to be laid before Parliament. 

THE SCHEDULE 

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THE NATIONAL DAIRY DEVELOPMENT BOARD ACT, 1987 

ACT NO. 37 OF 1987 

[15th September, 1987.] 

An Act to declare the institution known as the National Dairy Development Board in the State of 
Gujarat to be an institution of national importance and to provide for its incorporation and for 
the vesting in that body corporate of the undertakings of the Indian Dairy Corporation with a 
view to provide for the administration and the carrying on of the functions to  be performed 
by  the  body  corporate  more  effectively  throughout  the  country  and  for  matters  connected 
therewith and incidental thereto. 

WHEREAS  the  National  Dairy  Development  Board,  a  society  formed  and  registered  under  the 

Societies  Registration  Act,  1860  (21  of  1860)  has  been  serving  the  country  by  the  adoption  of  a             
co-operative strategy, being a strategy evolved at Anand (Gujarat), for the economic development of the 
rural  masses  and  has  been  playing  a  vital  role  in  improving  the  quality  of  life  of  the  people  through       
co-operative effort; 

AND  WHEREAS  the  objects  of  the  National  Dairy  Development  Board  are  such  as  to  make  it  an 

institution of national importance and to constitute it as a body corporate; 

AND WHEREAS the functions of the Indian Dairy Corporation, a company formed and registered under 
the Companies Act, 1956 (1 of 1956), and the functions of the National Dairy Development Board are 
complementary to each other and aimed at achieving common objectives; 

AND  WHEREAS  it is necessary that the freedom and flexibility of operation hitherto available to the 
National Dairy Development Board should continue to be available to it so as to enable it to perform its 
functions more effectively and to play a wider and increasingly important role in serving the nation; 

AND WHEREAS it is considered necessary to vest the undertakings of the Indian Dairy Corporation in 
the National Dairy Development Board and to dissolve the said Corporation with a view to provide for 
the  administration  and  the  carrying  on  of  the  functions  to  be  performed  by  the  body  corporate  more 
effectively. 

BE it enacted by Parliament in the Thirty-eighth Year of the Republic of India as follows:— 

CHAPTER I 

PRELIMINARY 

1.  Short  title  and  commencement.—(1)  This  Act  may  be  called  the  National  Dairy  Development 

Board Act, 1987. 

(2)  It  shall  come  into  force  on  such  date1  as  the  Central  Government  may,  by  notification  in  the 

Official Gazette, appoint. 

2.  Declaration  of  National  Dairy  Development  Board  as  an 

institution  of  national   

importance.—Whereas  the  objects  of  the  National Dairy  Development  Board  at  Anand  in  the  State  of 
Gujarat  are  such  as  to  make  the  institution  one  of  national  importance,  it  is  hereby  declared  that  the 
National Dairy Development Board is an institution of national importance. 

1. 12th October, 1987, vide notification No. S.O. 898(E), dated 12th October, 1987, see Gazette of India, Extraordinary, Part II,   
sec. 3(i). 

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3. Definitions.—In this Act, unless the context otherwise requires,— 

(a) “appointed day” means the date of commencement of this Act; 

(b) “Board” means the Board of Directors of the National Dairy Development Board; 

(c) “Chairman” means the Chairman of the National Dairy Development Board; 

(d) “Companies Act” means the Companies Act, 1956 (1 of 1956); 

(e)  “director”  means  a  director  of  the  National  Dairy  Development  Board,  and  includes  the 

Chairman; 

(f)  “foodstuffs”  means  such  of  the  foodstuffs  as  are  included 

in 

the  definition  of                 

essential  commodities  as  contained  in  clause  (a)  of  section  2  of  the  Essential  Commodities                   
Act, 1955 (10 of 1955); 

(g)  “Indian  Dairy  Corporation”  means  the  Indian  Dairy  Corporation,  a  company  formed  and 
registered under the Companies Act, and having its registered office at Baroda in the State of Gujarat. 

(h) “milk product” means— 

(i) sterilised, standardised, recombined, toned, double-toned, skimmed, flavoured or acidified 

milk; 

(ii) ice-cream; 

(iii) cream; 

(iv) cheese; 

(v) butter; 

(vi) milk powders; 

(vii) weaning foods with milk and infant milk foods; 

(viii) malted milk foods with or without cocoa powder; 

(ix) ghee; 

(x) anhydrous milk fat and butter oil; 

(xi) casein; 

(xii)  any  other  product  containing  milk  or  all  or  any  of  the  milk  products  specified  above 
which the Central Government may, by notification in the Official Gazette, specify in this behalf; 

(i)  “National  Dairy  Development  Board”  means  the  National  Dairy  Development  Board 

incorporated under section 4; 

(j) “prescribed” means prescribed by regulations made under this Act; 

(k) “restructuring and streamlining”, in relation to the organisational and functional set-up of the 

National Dairy Development Board, includes— 

(i) opening or closing of units or offices; 

(ii) revision of the organisational and functional set-up; 

(iii) declaration of staff required; 

(iv) integration of posts, fixation of seniority and pay scales; 

(v) integration of required personnel in the revised set-up and issuance of appointment orders 

in that behalf; 

(vi) declaration or demarcation of duties and responsibilities attendant to posts; 

(vii) declaration of posts equivalent to one another; and 

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(viii)  any  other  matter  that  may  be  necessary  of  incidental  to  meet  the  organisational  or 

functional needs of the National Dairy Development Board; 

(l)  “society”  means  the  National  Dairy  Development  Board,  a  society  formed  and  registered 
under the Societies Registration Act, 1860 (21 of 1860) and functioning as such immediately before 
the appointed day; 

(m) words and expressions used herein and not defined, but defined in the Companies Act, have 

the meanings respectively assigned to them in that Act. 

CHAPTER II 

THE NATIONAL DAIRY DEVELOPMENT BOARD 

4.  Incorporation  of  National  Dairy  Development  Board.—(1)  The  National  Dairy  Development 
Board is hereby constituted a body corporate by the same name, and as such body corporate, it shall have 
perpetual succession and a common seal with power, subject to the provisions of this Act, to acquire, hold 
and dispose of property and to contract, and shall, by that name, sue and be sued. 

(2)  The  head  office  of  the  National  Dairy  Development  Board  shall  be  at  Anand  in  the  State  of 

Gujarat. 

(3) The National Dairy Development Board may establish units, offices, branches or agencies at any 

such place in or outside India as it may consider necessary. 

5. Vesting of undertakings of Indian Dairy Corporation in National Dairy Development Board 
and dissolution of Indian Dairy Corporation.—(1) On and from the appointed day, subject to the other 
provisions of this Act, all the undertakings of the Indian Dairy Corporation shall stand transferred to and 
vest in the National Dairy Development Board. 

(2) Notwithstanding anything contained in the Companies Act, the Indian Dairy Corporation shall, on 

and from the appointed day, stand dissolved by virtue of the provisions of this Act. 

6.  Effect  of  incorporation  of  National  Dairy  Development  Board.—On  and  from  the  appointed 

day,— 

(a)  all  properties  and  assets,  movable  and  immovable,  of,  or  belonging  to,  the  society  and  the 
Indian Dairy Corporation (hereinafter referred to as the dissolved company) shall vest in the National 
Dairy Development Board; 

(b)  all  the  rights,  debts,  liabilities,  interests,  privileges  and  obligations  of  the  society  and  the 
Indian Dairy Corporation shall stand transferred to, and be the rights, liabilities, interests, privileges 
and obligations of, the National Dairy Development Board; 

(c) without prejudice to the provisions of clause (b), all debts, liabilities and obligations incurred, 
all contracts entered into and all matters and things engaged to be done by, with or for, the society or 
the  dissolved  company,  immediately  before  the  appointed  day  for  or  in  connection  with  their 
purposes, shall be deemed to have been incurred, entered into, or engaged to be done by, with or for, 
the National Dairy Development Board; 

(d)  all  sums  of  money  due  to  the  society  and  the  dissolved  company,  immediately  before  the 

appointed day, shall be deemed to be due to the Board; 

(e) every subsidiary or the society and the dissolved company shall become the subsidiary of the 

National Dairy Development Board; 

(f) every  organisation,  which  was  being  managed  immediately  before the  appointed  day  by  the 
society or, as the case may be, by the dissolved company, shall be managed by the National Dairy 
Development  Board  for  such  period  to  such  extent  and  in  such  manner  as  the  circumstances  may 
require; 

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(g)  every  organisation  which  was  getting  financial,  managerial  or  technical  assistance  from  the 
society or the dissolved company, immediately before the appointed day, may continue to be given 
financial, managerial or technical assistance, as the case may be, by the National Dairy Development 
Board, for such period, to such extent and in such manner as the National Dairy Development Board 
may deem fit; 

(h) the amount representing the capital of the dissolved company shall form part of the funds of 

the National Dairy Development Board; 

(i) any reference to the society or, as the case may be, to the dissolved company, in any law other 
than this Act or in any contract or other instrument, shall be deemed to be reference to the National 
Dairy Development Board. 

7.  Saving  of  legal  proceedings.—If,  on  the  appointed  day,  there  is  pending  any  suit,  arbitration, 
appeal or other legal proceedings of whatever nature by or against the society or the dissolved company, 
the  same  shall  not  abate,  be  discontinued  or  be  in  any  way  prejudicially  affected  by  reason  of  the 
incorporation of the National Dairy Development Board under section 4 or dissolution of the Indian Dairy 
Corporation under section 5, as the case may be, but the suit, arbitration, appeal or other proceedings may 
be continued, prosecuted and enforced by or against the National Dairy Development Board in the same 
manner and to the same extent as it would or may have been continued, prosecuted and enforced by or 
against the society or the dissolved company, as the case may be, if this Act had not been passed. 

CHAPTER III      

   MANAGEMENT OF THE NATIONAL DAIRY DEVELOPMENT BOARD 

8.  Management  of  National  Dairy  Development  Board  and  composition  of  its  Board  of   

Directors.—(1)  The  general  superintendence,  direction,  control  and  management  of  the  affairs  and 
business  of  the  National  Dairy  Development  Board  shall  vest  in  a  Board  of  Directors,  which  shall 
exercise  all  powers  and  do  all  acts  and  things  which  may  be  exercised  or  done  by  the  National  Dairy 
Development Board. 

(2) The Board of Directors of the National Dairy Development Board shall consist of the following, 

namely:— 

(a) a Chairman; 

(b) one director from amongst the officials of the Central Government; 

(c) two directors from amongst the Chairmen of the State Co-operative Dairy Federations; 

(d)  whole-time  directors,  not  more  than  three  in  number,  from  amongst  the  executives  of  the 

highest grade of the National Dairy Development Board; 

(e) one director, being an expert, from outside the National Dairy Development Board. 

(3) The Chairman and the director referred to in clause (b) of sub-section (2) shall be nominated by 
the Central Government and the directors referred to in clauses (c), (d) and (e) of sub-section (2) shall be 
nominated by the Central Government after consultation with the Chairman: 

Provided  that  the  Chairman  and  the  director  referred  to  in  clause  (e)  of  sub-section  (2)  shall  be 
persons  professionally  qualified  in  one  or  more  specialities,  namely,  dairying,  animal  husbandry,  rural 
economics, rural development, business administration or banking. 

(4) The Board may associate with itself, in such manner, on such terms and for such purposes as it 
may  deem  fit,  any  person  whose  assistance  or  advice  it  may  desire  in  complying  with  any  of  the 
provisions of this Act, and a person so associated shall have the right to take part in the discussions of the 
Board relevant to the purposes for which he has been associated but shall not have the right to vote. 

9. Terms of office and conditions of service, etc., of Chairman and directors.—(1) The Chairman 
shall  be  the  Chief  Executive  of  the  National  Dairy  Development  Board  and  shall  hold  office  for  such 
period  as  the  Central  Government  may  determine  and  any  person  so  nominated  shall  be  eligible  for 
renomination. 

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(2)  Notwithstanding  anything  contained  in  sub-section  (1),  the  Central  Government  shall  have  the 
right to terminate the services of the Chairman, at any time before the expiry of the period determined 
under  that  sub-section,  by  giving  him  notice  of  not  less  than  three  months  in  writing  or  three  months’ 
salary and allowances in lieu thereof, and the Chairman shall also have the right to relinquish his office, at 
any  time  before  the  expiry  of  the  period  specified  under  that  sub-section,  by  giving  to  the  Central 
Government notice of not less than three months in writing. 

(3)  The  Chairman  shall  receive  such  salary  and  allowances  as  may  be  determined  by  the  Central 

Government. 

(4) Where an executive of the National Dairy Development Board has been nominated under section 
8 as a whole-time director thereof, such nomination shall be without prejudice to his continuance as an 
executive of the National Dairy Development Board and he may be continued as such executive on his 
ceasing to be a director. 

(5) The directors nominated under clause (c) of sub-section (2) of section 8 shall hold office for such 
period  not  exceeding  one  year  at  a  time  as  the  Central  Government  may  determine,  and  the  directors 
nominated under clauses (d) and (e) of sub-section (2) of section 8 shall hold office for such period as the 
Central Government may determine. 

(6)  Every  director,  other  than  the  Chairman,  shall  hold  office  during  the  pleasure  of  the  Central 

Government. 

(7) The directors referred to in clauses (b), (c) and (e) of sub-section (2) of section 8 shall be paid 

such allowances as the Central Government may determine. 

10.  Meetings  of  Board.—(1)  The  Board  shall  meet  at  the  head  office  of  the  National  Dairy 
Development Board or any of its offices at such times as the Chairman may direct, and shall observe such 
rules  of  procedure  in  regard  to  the  transaction  of  business  at  its  meetings  (including  the  quorum  at  its 
meetings) as may be prescribed. 

(2) The Chairman or, if he is unable to attend a meeting of the Board, any other director nominated by 
the Chairman in this behalf and, in the absence of such nomination or where there is no Chairman, any 
director chosen by the directors present from among themselves, shall preside at the meeting. 

(3) All questions which come up before any meeting of the Board shall be decided by a majority of 
votes of the directors present and voting, and in the event of an equality of votes, the Chairman or the 
person presiding shall have the right to exercise a second or casting vote. 

(4) Save as otherwise provided in sub-section (3), every director of the Board shall have one vote. 

11. Manner of transacting business of Board.—(1) Subject to the provisions of this Act, the Board 
shall, in the discharge of its functions, act on sound business principles with due regard to public interest. 

(2)  Save  as  otherwise  prescribed,  the  Chairman  shall  have  the  powers  of  general  superintendence, 
direction, control and management of the affairs and business of the National Dairy Development Board, 
and he may exercise all other powers and do all acts and things which may be exercised or  done by the 
Board. 

(3) The Chairman may, when he is unable to discharge his functions by reason of his being away or 
otherwise,  authorise  any  whole-time  director  to  discharge  all  or  any  of  his  functions  for  a  temporary 
period. 

(4)  In  the  absence  of  the  Chairman  and  of  an  authorised  whole-time  director  as  referred  to  in         

sub-section (3), for whatsoever reason, the powers of the Chairman may be exercised by the senior-most 
of the whole-time directors referred to in clause (d) of sub-section (2) of section 8. 

12.  Management  committees.—(1)  The  Board  may  from  time  to  time  constitute  such  number  of 
management  committees  as  it  may  deem  fit  for  the  purpose  of  assisting  the  Board  in  the  efficient 
discharge of its functions. 

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(2)  A  management  committee  shall  consist  of  such  number  of  persons  (whether  directors  or 
otherwise)  as  its  members  as  the  Board  may  determine,  subject  to  the  condition  that  in  every  such 
committee either the Chairman or a whole-time director shall be a member thereof. 

(3)  Every  management  committee  shall  function  under  the  general  control,  direction  and 

superintendence of the Board, and for such duration and in such manner as the Board may direct. 

(4) The minutes of every meeting of the management committees shall, as soon as may be, be laid 

before the Board. 

13.  Allowances,  etc.,  of  members  of  management  committees.—(1)  The  members  of  any 
management committee, other than the Chairman and whole-time directors, may be paid such allowances, 
if any, as may be prescribed, for attending the meetings of the management committee or for attending to 
any other work of the National Dairy Development Board. 

(2) All other matters pertaining to the conduct of proceedings of the management committees shall be 

such as may be prescribed. 

14.  Delegation  of  powers  to  management  committees,  etc.—(1)  The  Board  may  delegate  to  any 
management committee or to any member thereof or to any officer of the National Dairy Development 
Board, subject to such conditions and limitations, if any, as  may be specified  by the Board, such of its 
powers and functions under this Act as it may deem necessary for the efficient discharge of its functions. 

(2)  The  Board  may,  if  it  considers  it  necessary  so  to  do  in  the  public  interest,  delegate  any  of  its 
powers and functions,  subject to such conditions and limitations, if any, as may  be specified by it, to a  
co-operative federation at the National or State level, or to any organisation owned, managed, controlled 
or assisted by the National Dairy Development Board. 

15.  Delegation  of  powers  to  whole-time  directors,  etc.—The  Board  may,  from  time  to  time,  by 
order, delegate, subject to such general and special conditions as it may deem fit to impose, the powers of 
appointment, termination, suspension and dismissal from service of any employee of the National Dairy 
Development Board,— 

(a) who is drawing a salary in such higher grade as may be prescribed, to a whole-time director, 

and 

(b) who is drawing a salary in any grade, other than a higher grade prescribed under clause (a), to 

such officer of the National Dairy Development Board as it may deem fit: 

Provided that in relation to employees falling under clause (b), the Chairman may, if he considers it 

necessary or expedient so to do, perform the functions of the Board under this section. 

CHAPTER IV 

POWERS AND FUNCTIONS OF THE NATIONAL DAIRY DEVELOPMENT BOARD 

16. Powers and functions of National Dairy Development Board.—(1) Subject to the provisions of 

this Act,—  

(a) it shall be the duty and function of the National Dairy  Development Board to promote plan 
and organise programmes for the purposes of development of dairy and other agriculture based and 
allied industries and biologicals on an intensive and nation-wide basis and to render assistance in the 
implementation of such programmes; 

(b)  it  shall  be  the  responsibility  of  the  National  Dairy  Development  Board  to  adopt  the              

co-operative strategy in a  more effective manner on an intensive and nation-wide basis and to take 
such steps as may be necessary for the purposes aforesaid; and 

(c)  the  National  Dairy  Development  Board  may  take  such  measures  for  carrying  out  the  said 
purposes, and for the exercise of its powers and the performance of its functions and responsibilities 
under this Act, as it may consider necessary. 

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(2)  In  particular,  and  without  prejudice  to  the  generality  of  the  foregoing  provisions,  the  measures 

referred to therein may provide for— 

(a) facilitating research and promotional activities in the fields of dairying, immunology, animal 

husbandry, agriculture and horticulture; 

(b) imparting technological know-how to such organisations in the co-operative or public sector 

as are engaged in the production, procurement, preservation or marketing of milk and milk products; 

(c) facilitating the training of personnel for absorbing and utilising the technical know-how that 

may be imparted; 

(d) designing, planning, promoting developing, constructing, sponsoring and setting up of dairy 
industries and undertaking any other related promotional activity including the financing of the same; 

(e) providing consultancy and managerial services and the execution of any project on a turn-key 
basis or otherwise, furnishing integral services such as storage, transportation, processing, distribution 
of milk and milk products and to serve as a lead institution with reference to milk and milk products; 

(f) adopting such measures as may be practicable— 

(i)  for  the  conservation  of  milk  and  milk  products  by  avoidance  of  waste  at  all  stages  or 

otherwise; 

(ii) to assist primary producers of milk and milk products and persons in the co-operative and 

public sector to get incentive prices; and 

(iii) to build up a national milk grid; 

(g) recommending to Government, as and when necessary, the maximum and minimum prices to 

be fixed for the purchase or sale of milk and, if so required, assist in the enforcement of it; 

(h)  functioning  as  a  channelising  agency  in  respect  of  import  and  export  of  milk  and  milk 

products and of milch animals or bulls; 

(i)  providing  financial,  technical,  administrative,  managerial  or  other  assistance  or  taking  such 

measures as may be necessary— 

(A) for the development (if required by the import of quality semen) and preservation of high 

yielding cattle; 

(B) for adopting improved methods of cattle breeding; 

(C)  for  increasing  production  and  supply  of  better  and  improved  animal  feed  including 

fodder; and 

(D) generally for the enhancement of the cattle wealth of the country; 

(j) processing, promoting or financing technological, industrial or economic research in milk and 
milk products in such manner as the Board may deem fit by the utilisation of available institutions or 
otherwise; 

(k)  financing,  in  such  manner  as  the  Board  may  deem  appropriate  (including  contribution  to 
capital), of co-operative federations, co-operative unions or co-operative enterprises or of any scheme 
in  the  co-operative  or  public  sector  intended  to  stimulate  the  production,  preservation,  distribution 
and consumption of milk and milk products nation-wide; 

(l) regulating the dairy and allied industries and functioning as regulatory authority therefor, as 

may be required by the Central Government; 

(m) adopting measures for the development and co-ordination of organisations in the production 
of milk and  milk products so as to enable the primary producers thereof to become participants in, 
and beneficiaries of, the development and growth of dairy and allied industries; 

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(n) collecting and compiling relevant data and statistics necessary for the efficient management of 
the national milk grid and national milch herd and on any other matter relating to dairying and allied 
industries; 

(o) promoting publicity on the research and development of dairy and allied industries; 

(p)  promoting  and  developing  production,  grading  and  marketing  of  milk  and  milk  products  in 

various parts of the country; 

(q)  co-operating  with  international  organisations  and  foreign  experts  and  for  functioning  as  the 
agent of the Central Government for the reception, utilisation and disbursement of any gift of milk 
and milk products and any other foodstuffs; 

(r) building up of a reserve of buffer stock of basic commodities; 

(s) promoting the export of milk and milk products where, in the opinion of the Board, it is so 
required  to  avoid  waste  or  to  otherwise  serve  the  public  interest  and  generally  for  exporting  any 
article produced, processed or promoted by it; 

(t) acquiring, holding and disposing of any property for the purposes of its business; 

(u) transferring the whole or any part of its managerial, technical or other functions in relation to 
any organisations receiving assistance from the National Dairy Development Board to the recipient 
organisation; 

(v) advancing or lending money upon security of movable or immovable property or otherwise; 

(w) borrowing money in such manner and upon such security as the Board may deem fit; 

(x) carrying on, either by itself or through any other organisations, any other business or class of 
business, in a case where such business or class of business was being carried on by the society or the 
dissolved company immediately before the appointed day; 

(y)  promoting  and  encouraging  co-operative  effort  among  those  engaged  in  the  production  of 

milk and milk products and other foodstuffs; 

(z)  levying  fees  or  other  charges  for  any  assistance  given  or  services  rendered  by  the  National 

Dairy Development Board; 

(za)  carrying  on  any  other  business  or  doing  any  other  act  or  thing  as  may  be  necessary, 
incidental or conducive to further the objectives of the National Dairy Development Board under this 
Act. 

(3)  If,  immediately  before  the  appointed  day,  either  the  society  or  the  dissolved  company                

was  engaged  in  the  production,  research  and  development,  processing,  marketing,  import,  export            
or  other  activities,  or  had  been  rendering  any  service  or  assistance,  in  relation  to  any  article  or        
product,  other  than  milk  and  milk  products  or  the  dairy  industry,  then,  notwithstanding  anything 
contained  in  this  Act  or  in  any  other  law,  the  National  Dairy  Development  Board  may  engage  in  the 
production, research and development, processing, marketing, import, export or other activities, or render 
such  other  services  or  assistance  in  relation  to  the  said  article  or  product  as  may  be  required,  and  the 
provisions of sub-sections (1) and (2) shall, so far as may be, apply in relation to that article or product, as 
if any reference therein to milk and milk products or to dairy and allied industries had been a reference to 
that article or product or service or activity. 

(4) Where the Central Government or the Government of any State considers that, having regard to 
the special expertise of the National Dairy Development Board and the needs of the public, it is necessary 
or advisable to entrust the National Dairy Development Board with any activity, other than that to which 
the foregoing sub-sections apply, it may, entrust such activity to the National Dairy Development Board, 
whereupon it shall be competent for the National Dairy Development Board to carry on such activity. 

(5) Without prejudice to the generality of the foregoing powers, it shall be competent for the National 
Dairy Development Board to participate, with the prior approval of the Central Government, in any other 
organisation, financially, managerially or in any other manner. 

10 

 
 
CHAPTER V 

PROVISIONS RELATING TO DIRECTORS AND EMPLOYEES OF THE NATIONAL DAIRY DEVELOPMENT BOARD  

17.  Provisions  regarding  members  of  board  of  society  and  directors  of  dissolved         

company.—Every person holding office as a member of the board of the society, or as a director of the 
dissolved  company,  immediately  before  the  appointed  day,  shall,  on  and  from  that  day,  cease  to  hold 
office as such member or director. 

18.  Provisions  relating  to  officers  and  other  employees  of  society  and  of  dissolved      

company.—Subject  to  the  provisions  of  section  19,  every  full-time  officer  or  other  employee,  holding 
office immediately before the appointed day, in the society or the dissolved company, shall, on and from 
the  appointed  day,  become  an  officer  or  other  employee,  as  the  case  may  be,  of  the  National  Dairy 
Development  Board  and  shall  hold  office  or  service  in  the  National  Dairy  Development  Board  on  the 
same terms and conditions of service as he would have had under the society or the dissolved company, 
as the case may be, and shall continue to do so unless and until his terms and conditions of service are 
duly altered by the Board. 

19.  Power  of  Board  to  restructure  and  streamline  organisational  and  functional  set-up  of 
National Dairy Development Board to secure utmost efficiency in functioning.—(1) Notwithstanding 
anything contained in this Chapter, the National Dairy Development Board may make such orders or take 
such  action  as  may  be  necessary  for  restructuring  and  streamlining  the  organisational  and  functional     
set-up of the National Dairy Development Board to secure utmost efficiency in its functioning, and the 
Board shall, for achieving this object, be competent to declare any officer or other employee or any class 
of  officers  or  other  employees  to  be  redundant  if  it  finds  them  redundant  by  way  of  being  surplus  or 
otherwise due to duplication of posts of the same nature, or absence of the special expertise required for 
the post in the revised set-up, or the non-availability of posts in a particular office or unit of the National 
Dairy  Development  Board  and  it  is  not  practicable  to  accommodate  him  in  the  type  of  post  in  the 
particular grade. 

(2) Nothing in this Chapter shall preclude the Board, if it is considered necessary for the purpose of 
rationalising the conditions of service of the officers and other employees so transferred to it, to change 
their designation, conditions of service or the scales of pay applicable to them or to reallocate their duties 
and functions. 

20.  Schemes  regarding  compensation  to  redundant  employees,  etc.—(1)  The  officers  or  other 
employees declared as redundant in pursuance of section 19, shall be dealt with in accordance with such 
scheme or schemes as the Board may, with the previous approval of the Central Government, make in this 
behalf  and  different  schemes  may  be  made  in  relation  to  different  classes  or  categories  of  officers  and 
other employees. 

(2) The scheme or schemes referred to in sub-section (1) may provide for— 

(a)  the  quantum  of  compensation  payable  to  any  officer  or  other  employee  referred  to  in          

sub-section (1) and the mode of payment thereof: 

Provided that the compensation so payable shall in no case be less than that payable to him under 

the service conditions applicable to him if his services were dispensed with; 

(b) the quantum of arrears  of salary or other emoluments, provident fund, gratuity or any other 

amount that may be payable in accordance with the service conditions applicable to them; 

(c) the provision for appeal for the aggrieved redundant officers and other employees and for the 
appellate  authority,  being  an  officer  not  below  the  rank  of  a  Joint  Secretary  to  the  Government  of 
India in the Ministry dealing with Agriculture; 

(d) any other matter pertaining to the termination of service consequent on their being declared 

redundant. 

11 

 
21.  Compensation  for  transfer  of  employees  not  payable.—The  transfer  of  the  services  of  any 
officer or other employee of the society or of the dissolved company to the National Dairy Development 
Board  shall  not  entitle  any  such  officer  or  other  employee  to  any  compensation  under  the  Industrial 
Disputes Act, 1947 (14 of 1947) or any other law for the time being in force, and no such claim shall be 
entertained by any court, tribunal or other authority. 

22.  Provident  fund,  gratuity,  welfare  and  other  funds.—(1)  Where  a  provident  fund  has  been 
established  by  the  society  or  the  dissolved  company  in  respect  of  either  of  them  for  the  benefit  of  the 
officers or other employees and the same stands vested in a trust, the moneys and other assets standing to 
the  credit  of  each  provident  fund  shall  continue  to  be  held  in  trust  with  the  same  objects  as  were 
applicable before the appointed day and the trustees of such trusts immediately before the appointed day 
shall, subject to the provisions of the trust deeds and the rules relating to the respective trusts, continue to 
function as trustees in respect of the respective provident fund until and unless otherwise directed by the 
National Dairy Development Board, and the rights relating to the said trusts shall, as from the appointed 
day, vest in the National Dairy Development Board. 

(2)  Where  any  gratuity,  welfare  or  other  fund  had  been  established  by  the  society  or  the  dissolved 
company  for  the  benefit  of  its  officers  or  other  employees  and  is  in  existence  immediately  before  the 
appointed day, all moneys and other assets standing to the credit of or relatable to such gratuity, welfare 
or other fund shall vest in the National Dairy Development Board. 

(3)  Notwithstanding  anything  contained  in  sub-sections  (1)  and  (2),  the  Board  may  give  such 
directions relating to the trusts or funds or take such other action as it may deem fit so as to bring about 
uniformity or to effect integration in part or in whole in such trusts or funds. 

(4) The Board may, having regard to the welfare of the officers and other employees or their families, 
take such steps for the advancement of their health, education or other interests as may be prescribed and 
create such institutions as may be required for the purpose. 

(5) Nothing in the foregoing provisions of this section shall derogate the power of the Board to make 
regulations for establishing or maintaining any provident fund, welfare fund, gratuity fund or other fund 
for any of its officers or other employees. 

CHAPTER VI              

FINANCE, ACCOUNTS AND AUDIT 

23.  Borrowing  powers  of  Board.—The  Board  may,  with  the  previous  approval  of  the  Central 
Government or in accordance with the terms of any general or special authority given to it by the Central 
Government, borrow money from any source as it may deem fit for discharging all or any of its functions 
under this Act. 

24.  Grants  and  loans  by  Central  Government.—The  Central  Government  may,  after  due 
appropriation made by Parliament by law in this behalf, pay to the National Dairy Development Board by 
way of grants or loans such sums of money as the Central Government may think fit for being utilised for 
the purposes of this Act. 

25.  Grants,  donations,  etc.—The  National  Dairy  Development  Board  may  receive  gifts,  grants, 
donations or benefactions from Government or any other source in or outside India and the same shall be 
used by the Board for exercising its functions and discharging its responsibilities under this Act. 

(2)  The  National  Dairy  Development  Board  shall  not  receive  any  gifts,  grants,  donations  or 
benefactions  from  a  foreign  government  or  any  other  source  outside  India  except  with  the  previous 
approval of the Central Government. 

26. National Dairy Development Board Fund.—(1) The National Dairy Development Board shall 

maintain a Fund to be called the National Dairy Development Board Fund to which shall be credited— 

(a) all sums of money vested in the National Dairy Development Board under Chapter II; 

(b) all sums of money that may be provided by Government; 

12 

 
 
(c) all fees and other charges received by the National Dairy Development Board; 

(d)  all  sums  of  money  generated  from  gift  commodities  by  the  National  Dairy  Development 

Board or received by it by way of grants, donations, benefactions, bequests or transfers; and 

(e) all sums of money received by the National Dairy Development Board in any other manner or 

from any other source. 

(2) All sums of money credited to the said Fund shall, subject to the regulations, if any, made in this 

behalf, be deposited with the State Bank of India or any other nationalised bank. 

Explanation.—In sub-section “nationalised bank” means a corresponding new bank as defined in the 
Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and the Banking 
Companies (Acquisition and Transfer of Undertakings) Act, 1980 (44 of  1980). 

(3)  The  said  Fund  shall  be  applied  towards  meeting  the  administrative  and  other  expenses  of  the 
National  Dairy  Development  Board,  including  expenses  incurred  in  the  exercise  of  the  powers  and  the 
discharge  of  its  functions  and  responsibilities  under  section  16  or  in  relation  to  any  of  the  activities 
referred to therein or for anything relatable thereto. 

27.  Preparation  of  accounts  and  balance-sheet.—(1)  The  balance-sheet  and  accounts  of  the 
National  Dairy  Development  Board  shall  be  prepared  in  such  form  and  in  such  manner  as  may  be 
prescribed. 

(2) The  Board  shall  cause the  books  and  accounts  of  the  National  Dairy  Development  Board to  be 
closed and balanced as on the 31st day of March each year or such other date as the Board may, with the 
concurrence of the Central Government, decide. 

28. Audit.—(1) The accounts of the National Dairy Development Board shall be audited by auditors 
duly qualified to act as auditors of companies under the Companies Act, and the appointment of auditors 
and remuneration payable to them shall be subject to the approval of the Central Government. 

(2) Every auditor in the performance of his duties shall have at all reasonable times access to books, 

accounts and other documents of the National Dairy Development Board. 

(3) The auditors shall submit their report to the Board which shall forward a copy of their report to 

the Central Government. 

29. Reports to be laid before Parliament.—The Central Government shall cause the report of the 
auditors under section 28 to be laid before both the Houses of Parliament as soon as may be after such 
report is received by the Central Government. 

30.  Power  to  call  for  repayment  before  agreed  period.—Notwithstanding  anything  contained  in 
any  agreement  to  the  contrary,  the  Board  may,  by  notice  in  writing,  require  any  person  to  which  the 
National  Dairy  Development  Board  or  the  society  or  the  dissolved  company  has  granted  any  loan  or 
advance, to discharge forthwith in full, its liabilities to the Board,— 

(a) if it appears to the Board that any false or misleading information in any material particular 

was given in the application for the loan or advance; or 

(b) if the person has failed to comply with the  terms of its contract in the matter of the loan or 

advance; or 

(c)  if  there  is  a  reasonable  apprehension  that  the  person  is  unable  to  pay  his  debts  or  that 

proceedings for liquidation may be commenced in respect thereof; or 

(d)  if  the  property  pledged,  mortgaged,  hypothecated  or  assigned  as  security  for  the  loan  or 
advance is not insured and kept insured by the person to the satisfaction of the Board (or depreciates 
in value to such an extent that, in the opinion of the Board, further security to the satisfaction of the 
Board should be given and such security is not given after demand); or 

(e) if, without due permission, any machinery, plant or other equipment (whether forming part of 

security or not) is removed from the concerned premises without being replaced; or 

13 

 
(f) if it appears to  the  Board  that  any  condition in  the  loan agreement  relating  to  the  supply  of 

goods or implementation of the project is being substantially violated; or 

(g) if, for any other reason, the Board considers it necessary so to do for protecting the interests of 

the National Dairy Development Board. 

31.  Special  provisions  for  enforcement  of  claims  by  National  Dairy  Development            

Board.—(1) Where any person, in breach of any agreement, makes any default in the repayment of  any 
loan or advance or any instalment thereof (or in meeting its obligations in relation to the guarantee given 
by the National Dairy Development Board) or otherwise fails to comply with the terms of agreement with 
the Board or where the Board requires any person to make immediate repayment of any loan or advance 
under section 30 and the person fails to make such repayment, then, without prejudice to the provisions of 
section  69  of  the  Transfer  of  Property  Act,  1882  (4  of  1882),  any  officer  of  the  National  Dairy 
Development Board, generally or specially authorised by the Board in this behalf, may apply to the court 
for one or more of the following reliefs, namely:— 

(a) for an order for the sale of the property pledged, mortgaged, hypothecated or assigned to the 

National Dairy Development Board as security for the loan or advance; or 

(b)  for  transferring  the  management  of  any  organisation  to  the  National  Dairy  Development    

Board; or 

(c)  for  an  ad  interim  injunction  where  there  is  apprehension  that  the  machinery  or  other 

equipment is being removed from the premises of the organisation without due permission. 

(2) The procedure for making an application under sub-section (1) and for the disposal thereof shall 

be such as may be prescribed. 

CHAPTER VII 

MISCELLANEOUS 

32.  Defects in appointments  not to invalidate  acts,  etc.,  of Board.—No  act  or  proceeding  of the 
Board or of any committee of the National Dairy Development Board shall be questioned on the ground 
merely of the existence of any vacancy in, or defect in the constitution of, the Board or the committee, as 
the case may be. 

33. Protection of acts done in good faith.—No suit or other legal proceeding shall lie against the 
National Dairy Development Board or any director or any officer or other employee of the Board or any 
other person authorised by the Board to discharge any functions under this Act, for any loss or damage 
caused or likely to be caused by anything which is in good faith done or intended to be done in pursuance 
of this Act or of any other law or provision having the force of law. 

34.  Indemnity  of  directors.—Every  director  shall  be  indemnified  by  the  National  Dairy 
Development Board against all losses and expenses incurred by him, in, or in relation to, the discharge of 
his duties, except such as are caused by his own wilful act or default. 

35. Obligation as to fidelity and secrecy.—(1) The Board shall not, except as otherwise required by 
this  Act  or  any  other  law,  divulge  any  information  relating  to,  or  to  the  affairs  of,  the  National  Dairy 
Development Board or of the society or of the dissolved company except in circumstances in which it is 
in  accordance  with  the  law  or  practice  and  usage  customary  among  financial  institutions,  necessary  or 
appropriate for the Board to divulge such information. 

(2) Every director, member of a committee, auditor or officer or other employee of the National Dairy 
Development Board shall, before entering upon his duties, make a declaration of fidelity and secrecy in 
the form set out in the Schedule. 

36.  Recruitment  of  additional  officers  and  other  employees.—Nothing  contained  in  Chapter  V 
shall be deemed to prejudice the right of the National Dairy Development Board to create such number of 
additional posts or to appoint such number of additional officers or other employees as it may consider 
necessary  or  desirable  for  the  efficient  discharge  of  the  functions  of  the  National  Dairy  Development 
Board and where any such officer or other employee is appointed, the  terms and conditions of service, 
including inter se seniority, may also be determined by the Board. 

14 

 
37. Liquidation only under orders of Central Government.—No provision of any law relating to 
the winding up of companies or corporations shall apply to the National Dairy Development Board and it 
shall not be placed in liquidation save by an order of the Central Government and in such manner as it 
may direct. 

38. Delegation of certain powers by Central Government.—(1) The Central Government may, on 
the recommendation of the National Dairy Development Board, if satisfied that it is necessary so to do in 
the public interest, make any scheme for the purpose of enabling the National Dairy Development Board 
to undertake and perform any of the activities or functions of the Central Government relatable to dairy, 
foodstuffs and connected industries, particularly with reference to matters related to the development of 
the  national  milk  grid  by  the  regulation  of  the  production,  procurement,  marketing,  export-import, 
maintenance of standards or such like activities (including the collection and compilation of statistics and 
relevant data). 

(2)  Every  scheme  made  under  sub-section  (1)  shall  be  published  in  the  Official  Gazette  and  may 

contain such conditions, restrictions or limitations as the Central Government may deem fit to impose. 

39.  Transitional  provisions for  auditors.—Any  auditor  appointed in  relation to  the  society  or  the 
dissolved  company,  functioning  immediately  before  the  appointed  day,  may,  notwithstanding  anything 
contained  in  this  Act,  be  continued  by  the  National  Dairy  Development  Board  for  such  period  and  on 
such terms as may be considered necessary. 

40. Transitional provisions with regard to Chairman and Board.—The Chairman of the society, 
holding  office  immediately  before  the  appointed  day,  shall  be  the  Chairman  of  the  National  Dairy 
Development Board until a Chairman is nominated in accordance with the provisions of this Act and he 
shall  be  competent  to  perform  the  functions of the  Board  until the constitution of  the  Board  under this 
Act. 

41.  Management  or  assistance  to  others  to  continue.—For  the  removal  of  doubts,  it  is  hereby 
declared that where, before the appointed day, either the society or the dissolved company was managing 
any  other  organisation  or  rendering  any  technical  or other  assistance  to  any  organisation  or  person, the 
National Dairy Development Board may continue to render the same or similar service to such extent, for 
such period and with such modifications as the Board may deem fit. 

42.  Mother  Dairy  to  be  a  subsidiary  unit  of  National  Dairy  Development  Board.—The 
undertaking  known  as  the  Mother  Dairy,  Delhi,  shall,  on  and  from  the  appointed  day,  become  a 
subsidiary  unit  of  the  National  Dairy  Development  Board  but  shall  retain  its  separate  character,  unless 
otherwise decided by the Board. 

43.  Formation  of  companies  with  previous  approval  of  Central  Government.—(1)  Where  the 
Board considers it necessary so to do, for the implementation of any of its objectives, it may, subject to 
the  previous  approval  of  the  Central  Government  form  one  or  more  companies  either  by  itself  or  in 
conjunction with any of its subsidiaries or with any other undertaking. 

(2) Where any company has been formed in pursuance of sub-section (1),— 

(a) in the case of a company formed by the Board by itself or along with its subsidiaries, it may 
contribute such capital, transfer such of its assets or render such assistance, as may be required, so as 
to enable the company so formed to function; and 

(b) in any other case, it may contribute capital, transfer assets or render assistance in such manner 
and  to  such  extent  as  the  Board  may  deem  fit  subject  to  specific  previous  approval  of  the  Central 
Government in that regard. 

44.  [Exemption  from  tax  on  income]  Omitted  by  Act  20  of  2002  (20  of  2002)  s.162  

(w.e.f. 1-4-2003). 

45.  Returns.—The  National  Dairy  Development  Board  shall  furnish,  from  time  to  time,  to  the 

Central Government such returns as the Central Government may require. 

15 

 
46.  Power  to  make  schemes  and  regulations  regarding  service  matters  retrospectively.—Any 
scheme or regulation made under this Act in relation to conditions of service or like matters of officers or 
other employees of the National Dairy Development Board, may be made retrospectively from any date 
not earlier than the appointed day. 

47.  Act  to  have  overriding  effect.—The  provisions  of  this  Act  shall  have  effect  notwithstanding 

inconsistent 

anything 
Act, 1947 (14 of 1947) or any other law for the time being in force or in any instrument having effect by 
virtue of any law other than this Act, or in any decree or order of any court, tribunal or other authority. 

the  Companies  Act, 

therewith  contained 

the 

in 

Industrial  Disputes                       

48. Power to make regulations.—(1) The Board may, by notification in the Gazette of India, make 
regulations not inconsistent with the provisions of this Act and the schemes made thereunder, to provide 
for  all  matters  for  which  provision  is  necessary  or  expedient  for  the  purpose  of  giving  effect  to  the 
provisions of this Act. 

(2) In particular, and without prejudice to the generality of the foregoing power, such regulations may 

provide for all or any of the following matters, namely:— 

(a) the procedure to be followed for the transaction of business at the meetings of the Board and 

the number of members which shall form quorum at a meeting under sub-section (1) of section 10; 

(b)  the  allowances  to  be  paid  to  the  members  of  any  management  committee,  other  than  the 
Chairman and whole-time directors, for attending the meetings of the management committee or for 
attending  to  any  other  work  of  the  National  Dairy  Development  Board  under  sub-section  (1)  of 
section  13  and  the  other  matters  pertaining  to  the  conduct  of  proceedings  of  the  management 
committees under sub-section (2) of that section; 

(c) the higher grade for the purposes of clause (a) of section 15; 

(d) the particulars of the steps for the advancement of the health, education or other interests of 

the officers and other employees or their families as referred to in sub-section (4) of section 22; 

(e)  the  matters  of  detail  regarding  establishment  or  maintenance  of  funds  referred  to  in            

sub-section (5) of section 22; 

(f) the conditions subject to which sums of  money are to be deposited under sub-section (2) of 

section 26; 

(g)  the  form  and  manner  in  which  the  balance-sheet  and  accounts  of  the  National  Dairy 

Development Board shall be prepared under sub-section (1) of section 27; 

(h)  the  procedure  for  making  an  application  under  sub-section  (1)  of  section  31  and  for  the 

disposal thereof under sub-section (2) of that section; 

(i) conditions of service of officers and other employees;  

(j) any other matter which is to be, or may be, prescribed. 

49. Power to remove difficulties.—(1) If any difficulty arises in giving effect to the provisions of 
this Act, the Central Government may, by order, published in the Official Gazette, make such provisions 
not inconsistent with the provisions of this Act as may appear to be necessary for removing the difficulty: 

Provided that no such order shall be made after the expiry of five years from the appointed day. 

(2) Every order made under this section shall be laid, as soon as may be after it is made, before each 

House of Parliament. 

50.  Schemes  and  regulations  to  be laid  before Parliament.—Every  scheme  and  every  regulation 
made under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, 
while it is in session, for a total period of thirty days which may be comprised in one session or in two or 
more successive sessions, and, if, before the expiry of the session immediately following the session or 
the  successive  sessions  aforesaid,  both  Houses  agree  in  making  any  modification  in  the  scheme  or 
regulation  or  both  Houses  agree  that  the  scheme  or  regulation  should  not  be  made,  the  scheme  or 
regulation shall thereafter have effect only in such modified form or be of no effect, as the case may be; 
so,  however,  that  any  such  modification  or  annulment  shall  be  without  prejudice  to  the  validity  of 
anything previously done under that scheme or regulation. 

16 

 
 
THE SCHEDULE 

[See section 35 (2)] 

Declaration of fidelity and secrecy 

I, ................. do hereby declare that I will faithfully, truly, and to the best of my skill and ability 
execute and perform the duties required of me as Chairman, director, member of committee, auditor, 
officer or other employee (as the case may be) of the National Dairy Development Board and which 
properly relate to the office or position held by me in or in relation to the National Dairy Development 
Board. 

I further declare that I will not communicate or allow to be communicated to any person not legally 

entitled thereto any information relating to the affairs of any person having any dealing with the National 
Dairy Development Board nor will I allow any such person to inspect or have access to any books or 
documents belonging to or in the possession of the National Dairy Development Board and relating to the 
business of the National Dairy Development Board or the business of any person having any dealing with 
the National Dairy Development Board. 

17 

 
 
 
 
