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Home Bare Acts Phrase: acceptIndian Contract Act, 1872 Chapter 1
Title : Of the Communication, Acceptance and Revocation of Proposals
State : Central
Year : 1872
..... (3) by the failure of the acceptor to fulfill a condition precedent to acceptance; or (4) by the death or insanity of the proposer, if the fact of his death or insanity comes to the knowledge of the acceptor before acceptance. Section 7 - Acceptance must be absolute In order to convert a proposal into a promise, the acceptance must (1) be absolute and unqualified; (2) be expressed in some usual and reasonable manner, unless the proposal prescribes the manner in which it is to be accepted. If the proposal prescribes a manner in which it is to be accepted, and the acceptance is not made in such manner, the proposer may, within a reasonable time after the acceptance is communicated to him, insist that his proposal shall be accepted in the prescribed manner, and not otherwise; but if he fails to do so, he accepts the acceptance. Section 8 - Acceptance by performing conditions, or receiving consideration Performance of the conditions of a proposal, or the acceptance of any consideration for a reciprocal promise which may be offered with a proposal, is an acceptance of the proposal. Section 9 - Promises, express and implied In so far as the proposal or.....
View Complete Act List Judgments citing this sectionNegotiable Instruments Act, 1881 Chapter XI
Title : Of Acceptance and Payment for Honour and Reference in Case of Need
State : Central
Year : 1881
.....sub scribe the bill with hi s own hand, and". 2 . The words "and such declaration must be recorded by the notary in hi s register" omitted by Act 2 of 1885 , sec. 8 . Section 110 - Acceptance not specifying for whose honour it is made Where the acceptance does not express for whose honour it is made it shall be deemed to be made for the honour of the drawer. Section 111 - Liability of acceptor for honour An acceptor for honour binds himself to all parties subsequent to the party for whose honour he accepts to pay the amount of the bill if the drawee do not; and such party and all prior parties are liable in their respective capacities to compensate the acceptor for honour for all loss or damage sustained by him in consequence of such acceptance. But an acceptor for honour is not liable to the holder of the bill unless it is presented, or (in case the address given by such acceptor on the bill is a place other than the place where the bill is made payable) forwarded for presentment, not later than the day next after the day of its maturity. Section 112 - When acceptor for honour may be charged An acceptor for honour cannot be charged unless the bill has at.....
View Complete Act List Judgments citing this sectionKarnataka Transparency in Public Procurements Act, 1999 Section 13
Title : Acceptance of Tender
State : Karnataka
Year : 1999
The Tender Accepting Authority shall, after following such procedure as may be prescribed pass order accepting the tender and shall communicate the information relating to acceptance of tender together with a comparative analysis and reasons for accepting of tender to the procurement entity and the Tender Bulletin Officer: Provided that where the Tender Accepting Authority consists of single officer who is due to retire within the next six months, from the date fixed for the acceptance for tender, he shall not act to accept the tender without obtaining prior approval of the Procurement Entity: Provided further that subject to such general or special order as may be issued by the Government from time to time, the Tender Accepting Authority may before passing order accepting a tender negotiate with lowest tenderer.
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 7
Title : Acceptance Must Be Absolute
State : Central
Year : 1872
In order to convert a proposal into a promise, the acceptance must (1) be absolute and unqualified; (2) be expressed in some usual and reasonable manner, unless the proposal prescribes the manner in which it is to be accepted. If the proposal prescribes a manner in which it is to be accepted, and the acceptance is not made in such manner, the proposer may, within a reasonable time after the acceptance is communicated to him, insist that his proposal shall be accepted in the prescribed manner, and not otherwise; but if he fails to do so, he accepts the acceptance.
View Complete Act List Judgments citing this sectionIncome Tax Act, 1961 Section 269SS
Title : Mode of Taking or Accepting Certain Loans and Deposits
State : Central
Year : 1961
.....the Official Gazette : Provided further that the provisions of this section shall not apply to any loan or deposit where the person from whom the loan or deposit is taken or accepted and the person by whom the loan or deposit is taken or accepted are both having agricultural income and neither of them has any income chargeable to tax under this Act. Explanation : For the purposes of this section, (i) banking company means a company to which the Banking Regulation Act, 1949 (10 of 1949), applies and includes any bank or banking institution referred to in section 51 of that Act ; (ii) co-operative bank shall have the meaning assigned to it in Part V of the Banking Regulation Act, 1949 (10 of 1949) ; (iii) loan or deposit means loan or deposit of money.
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 5
Title : Revocation of Proposals and Acceptance
State : Central
Year : 1872
(1) A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, but not afterwards. (2) An acceptance may be revoked at any time before the communication of the acceptance is complete as against the acceptor, but not afterwards. Illustrations (a) A proposes, by a letter sent by post, to sell his house to B. (b) B accepts the proposal by a letter sent by post. (c) A may revoke his proposal at any time before or at the moment when B posts his letter of acceptance, but not afterwards. (d) B may revoke his acceptance at any time before or at the moment when the letter communicating it reaches A, but not afterwards.
View Complete Act List Judgments citing this sectionPatents Act, 1970 (39 of 1970) Section 22
Title : Acceptance of Complete Specification [Omitted]
State : Central
Year : 1970
22. 1 [Omitted] _______________________ 1. Omitted by Patent Amendment Act (15 of 2005). Previous to omission: Acceptance of complete specification.-Subject to the provisions of section 21, the complete specification filed in pursuance of an application for a patent may be accepted by the Controller at any time after the applicant has complied with the requirements mentioned in sub-section (1) of that section and, if not so accepted within the period allowed under that section for compliance with those requirements, shall be accepted as soon as may be thereafter: Provided that the applicant may make an application to the Controller in the prescribed manner requesting him to postpone acceptance until such date [not being later than * [twelve months] from the date on which the objections referred to in subsection (1) of section 21 are forwarded to the applicant] as may be specified in the application, and, if such application is made, the Controller, may postpone acceptance accordingly. ________________________ *Substituted for "eighteen months" by Patents (Amdt) Act, 2002 dated 25.06.2002 w.e.f 20.05.2003.
View Complete Act List Judgments citing this sectionCompanies Act, 2013, Section 73
Title : Prohibition on Acceptance of Deposits from Public
State : Central
Year : 2013
.....shall be termed as "unsecured deposits" and shall be so quoted in every circular, form, advertisement or in any document related to invitation or acceptance of deposits. (3) Every deposit accepted by a company under sub-section (2) shall be repaid with interest in accordance with the terms and conditions of the agreement referred to in that sub-section. (4) Where a company fails to repay the deposit or part thereof or any interest thereon under sub-section (3), the depositor concerned may apply to the Tribunal for an order directing the company to pay the sum due or for any loss or damage incurred by him as a result of such non-payment and for such other orders as the Tribunal may deem fit. (5) The deposit repayment reserve account referred to in clause (c) of sub-section (2) shall not be used by the company for any purpose other than repayment of deposits.
View Complete Act List Judgments citing this sectionTrade Marks Act, 1999 (47 of 1999) Section 19
Title : Withdrawal of Acceptance
State : Central
Year : 1999
Where, after the acceptance of an application for registration of a trade mark but before its registration, the Registrar is satisfied-- (a) that the application has been accepted in error; or (b) that in the circumstances of the case the trade mark should not be registered or should be registered subject to conditions or limitations or to conditions additional to or different from the conditions or limitations subject to which the application has been accepted, the Registrar may, after hearing the applicant if he so desires, withdraw the acceptance and proceed as if the application had not been accepted.
View Complete Act List Judgments citing this sectionNegotiable Instruments Act, 1881 Section 91
Title : Dishonour by Non-acceptance
State : Central
Year : 1881
A bill of exchange is said to be dishonoured by non-acceptance when the drawee, or one of several drawees not being partners, makes default in acceptance upon being duly required to accept the bill, or where presentment is excused and the bill is not accepted. Where the drawee is incompetent to contract, or the acceptance is qualified the bill may be treated as dishonoured.
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