Bare Act Search Results

Transfer of Property Act, 1882 Section 130

Title: Transfer of Actionable Claim

State: Central

Year: 1882

.....the debt to C. B then demands the debt from A, who, not having received notice of the transfer, as prescribed section 131, pays B. The payment is valid, and C cannot sue A for the debt. (ii) A effects a policy on his own life with an Insurance Company and assigns it to a Bank for securing the payment of an existing or future debt. If A dies, the Bank is entitled to receive the amount of the policy and to sue on it without the concurrence of A's executor, subject to the proviso in sub-section (1) of section 130 and to the provisions of section 132. _____________________ 1. Inserted by Act 20 of 1929, Section 62 2. The words and figures "and notwithstanding anything contained in Section 123" Inserted by Act 38 of 1925, Section 2, omitted by Act 20 of 1929, Section 62. 3. Added by Act 4 of 1938, Section 121 (w.e.f. 1-7-1939).

Transfer of Property Act, 1882 Chapter VIII

Title: Of Transfers of Actionable Claims

State: Central

Year: 1882

1 [CHAPTER VIII OF TRANSFERS OF ACTIONABLE CLAIMS _____________________ 1. Substituted by Act 2 of 1900, Section 4,for the original Chapter.

Transfer of Property Act, 1882 Section 132

Title: Liability of Transferee of Actionable Claim

State: Central

Year: 1882

The transferee of an actionable claim shall take it subject to all the liabilities and equities to which the transferor was subject in respect thereof at the date of the transfer. Illustrations (i) A- transfers to C a debt due to him by B, A being then indebted to B. C sues B for the debt due by B to A. In such suit B is entitled to set off the debt due by A to him; although C was unaware of it at the date of such transfer. (ii) A executed a bond in favour of B under circumstances entitling the former to have it delivered up and cancelled. B assigns the bond to C for value and without notice of such circumstances. C cannot enforce the bond against A.

Delhi Cooperative Societies Act, 1972 Complete Act

State: Delhi

Year: 1972

.....as member of a co-operative society except the following, namely : (a) an individual competent to contract under Section 11 of the Indian Contract Act, 1972 (b) any other co-operative society (c) the Central Government; and (d) such class or classes of persons or association of persons as may be notified by the Lieutenant-Governor in his behalf : Provided that the provisions of clause (a) shall not apply to an individual seeking admission to a society exclusively formed for the benefit of students of a school or college (2) Notwithstanding anything contained in sub-section (1), the Lieutenant- Governor may, having regard to the fact that the interest of any person or class of persons conflicts or is likely to conflict with the objects of any society or class of societies, by general or special order, published in the Delhi Gazette, declare that any person or class of persons engaged in or carrying on any profession, business or employment shall be disqualified from being admitted, or for continuing as members or shall be eligible for membership only to a limited extent of any specified society or class of societies, so long as such person is or such persons are.....

Maharashtra Cooperative Societies Act, 1960 Complete Act

State: Maharashtra

Year: 1960

.....rights, assets, or liabilities in relation to all or any of the banks concerned. (4) Notwithstanding anything contained in the Transfer of Property Act, 1882 or the Registration Act, 1908, the order issued under sub-section (1) shall be sufficient conveyance for transfer or vesting the rights, assets and liabilities of the banks concerned as provided in the order. (5) The amalgamation of banks under this section shall not affect any rights or obligations of the banks so amalgamated or render defective any legal proceedings which might have been continued or commenced by or against any such banks ; and accordingly, such legal proceedings may be continued or commenced by or against the amalgamated bank. (6) Where two or more banks have been amalgamated, the registration of the bank in which the other banks are amalgamated may be continued and the registration of the other banks may be cancelled, or where the amalgamated bank is newly registered, the registration of all the amalgamating banks shall be cancelled. (7) Any order made by the Registrar under this section shall be final and conclusive, and shall not be called in question in any Court.] Section18B Amalgamation of.....

The Tamil Nadu Cooperative Societies Act, 1983 Complete Act

State: Tamil Nadu

Year: 1983

THE TAMIL NADU CO-OPERATIVE SOCIETIES ACT, 1983 THE TAMIL NADU CO-OPERATIVE SOCIETIES ACT, 1983 (ACT NO.30 OF 1983) Brought into force with effect from 13-4-1988. No. II(2)/CO/1568(b)/88-G.o.Ms.No.115, dated 24-3-1988, Published in the Tamil Nadu Government Gazette Extraordinary, Part II, Section 2, dated 1-4-1988. [Received the assent of the President on the 15th July 1983 first published in the Tamil Nadu Government Gazette Extraordinary on the 1st November, 1983] An Act to amend and consolidate the law relating to and to make better provision for, the organization, management and supervision of co-operative societies in the State of Tamil Nadu. WHEREAS it is expedient further to provide for an orderly development of the co-operative movement in accordance with co-operative principles such as open membership, democratic management limited interest on capital, distribution of surplus based on patronage, provision for co-operative education and co-operation among co-operatives, for the promotion of thrift, self-help and mutual aid among persons with common socio-economic needs so as to bring about improvement in agriculture and industry, better methods of.....

Companies Act, 1956 Complete Act

State: Central

Year: 1956

.....as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2 of the Securities Contracts (Regulation) Act, 1956) (42 of 1956);] (13) "director" includes any person occupying the position of director, by whatever name called; (14) "District Court" means the principal Civil Court of original jurisdiction in a district, but does not include a High Court in the exercise of its ordinary original civil jurisdiction ; [(14A) "dividend" includes any interim dividend;] (15) "document" includes summons, notice, requisition, order, other legal process, and registers, whether issued, sent or kept in pursuance of this or any other Act or otherwise ; [(15A) "employees stock option" means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price;] (16) "existing company" means an existing company as defined in (section 3); (17) "financial year" means, in relation to any body corporate, the period in respect of which.....

The Kerala Value Added Tax Act, 2003 Complete Act

State: Kerala

Year: 2003

THE KERALA VALUE ADDED TAX ACT, 2003 1 THE KERALA VALUE ADDED TAX ACT, 2003 {UPDATION UPTO FINANCE ACT 2009} An Act to consolidate and amend the law relating to the levy of tax on the sale or purchase of goods based on the concept of Value Added Tax in the State of Kerala. Preamble. - Whereas it is expedient to consolidate and amend the law relating to the levy of tax on the sale or purchase of goods based on the concept of value added tax in the State of Kerala: Be it enacted in the Fifty-fourth Year of the Republic of India as follows: - CHAPTER - I PRELIMINARY 1 . Short title, extent and commencement . " (1) This Act may be called the Kerala Value Added Tax Act, 2003. (2) It extends to the whole of the State of Kerala. (3) It shall come into force on such date as the Government may, by notification in the Gazette, appoint. 2 . Definitions .- In this Act, unless the context otherwise requires, - (i)"Agriculture" with all its grammatical variations cognate expressions, includes floriculture, horticulture, the raisin of crops, grass or garden produce, and also grazing; but does not include dairy farming, poultry farming, stock.....

West Bengal Cooperative Societies Act, 1983 Complete Act

State: West Bengal

Year: 1983

.....an officer not below the rank of an Assistant Registrar of Cooperative Societies as may be prescribed; 1010. Clause (19a) was first inst. by W.B. Act 27 of 1989, then subs. by W.B. Act 22 of 1992. (19a) "Director of Co-operative Audit" means the person appointed to be the Director of Co-operative Audit under sub-section (2) of section 9; (20) "dispute" means any matter capable of being the subject of civil litigation, and includes a claim in respect of any sum payable to or by a co-operative society; 1111. Clause (21) subst. by W.B. Act 21 of 1990. (21) "district co-operative union" means a co-operative society which has an area of membership extending to the whole of a co-operative range and the primary object of which is to assist the State Co-operative Union in implementing its objects; (22) "engineers' co-operative" means a co-operative society formed of unemployed (i) degree holders in any branch of engineering, technology, science, commerce, arts or agriculture, or (ii) diploma holders in any branch of engineering, technology or agriculture, or (iii) certificate holders in any industrial trade, for their exclusive benefit, the percentage of degree or diploma holders.....

The Pondicherry Cooperative Societies Act, 1972 Complete Act

State: Pondicherry

Year: 1972

.....22, the rules made in this behalf or the by-laws of the society,- (a) any individual competent to contract under section 11 of the Indian Contract Act, 1872; (Central Act 9 of 1872) ; (b) any registered society ; (c) the Government, shall be eligible for admission as a member of a registered society : Provided that this section shall not apply in the case of a society formed exclusively for the benefit of the students of any college or school. Provided further that a Hindu undivided family as such shall not be eligible for admission s a member of a registered society: Provided also that persons who are minors or of unsound mind may be admitted as members of such class of registered societies as may be prescribed and such members shall possess only such privileges and rights of members and be subject only to such liabilities of members as may be prescribed : Provided also that in a society formed for the promotion of the economic interests of its members, through a specified activity no person other than one who is likely to be benefitted directly by such activity may be admitted as a member of such society unless such admission is permitted specifically by the.....