Section 19A of The Road Transport Corporations Act, 1950
Disposal of unclaimed articles and property.
1[19A. Disposal of unclaimed articles and property.--(1) When any articles or goods have come into the possession of a Corporation for carriage or otherwise and are not claimed by the owner or any other person appearing to the Corporation to be entitled thereto, the Corporation shall, if such owner or other person is known, cause a notice to be served upon him requiring him to remove the articles or goods within seven days of the service of such notice.
- (2)If such owner or other person is not known or the notice cannot be served upon him or he does not comply with the requisition in the notice, the Corporation may, after the expiration of such period as may be specified by regulation made under this Act, sell the articles or goods by public auction and shall, after deducting from the sale-proceeds expenses for holding the sale or any amount which may be due to the Corporation, credit the surplus sale-proceeds, if any, to the Fund of the Corporation; and the sale-proceeds so credited may be paid on demand to any person who establishes his right thereto in a court of competent jurisdiction or within one year of such sale to the satisfaction of the Corporation.]
Summary
- The Corporation has the authority to manage items or goods left behind by owners that come into its possession.
- If the owner of an unclaimed item is known, the Corporation must send them a notice to pick it up within seven days.
- When owners are unknown or do not respond to the notice, the Corporation can sell the items through a public auction after a set time.
- The money from these sales is used to pay for the auction costs and any money the owner owed to the Corporation.
- Any leftover money from a sale is added to the Fund of the Corporation.
- A person can still claim this leftover money within one year of the sale if they can prove they are the rightful owner to the Corporation.
Practical examples
FAQ
1. How much time does a person have to pick up their things under Section 19A of The Road Transport Corporations Act, 1950?
According to Section 19A of The Road Transport Corporations Act, 1950, a known owner must remove their items within seven days of being served a notice to do so.
2. Can a Corporation sell my lost property under The Road Transport Corporations Act, 1950?
Yes, under Section 19A of The Road Transport Corporations Act, 1950, if the owner is unknown or fails to respond to a notice, the Corporation can sell the items at a public auction.
3. Where does the money go after a lost item is sold under Section 19A of the Road Transport Act?
Under Section 19A of the Road Transport Act, the money is first used to cover sale costs and debts to the Corporation, and any surplus is credited to the Fund of the Corporation.
4. Can I get my money back after the Corporation sells my lost goods under Section 19A of The Road Transport Corporations Act, 1950?
Yes, Section 19A of The Road Transport Corporations Act, 1950, allows you to claim the surplus money within one year of the sale if you prove your right to it.
Test yourself
1.Under Section 19A of The Road Transport Corporations Act, 1950, how much notice must be given to a known owner to remove their goods?
2.According to Section 19A of The Road Transport Corporations Act, 1950, what is the primary method used to dispose of unclaimed property when the owner is unknown?
3.Under Section 19A of The Road Transport Corporations Act, 1950, if surplus money from a sale is credited to the Corporation's fund, how long does an owner have to claim it from the Corporation?
4.Under Section 19A of The Road Transport Corporations Act, 1950, where is the surplus money from the sale of unclaimed goods deposited?