Bare Act Search Results

Marine Insurance Act, 1963 Section 14

Title: Advance Freight

State: Central

Year: 1963

In the case of advance freight, the person advancing the freight has an insurable interest, in so far as such freight is not repayable in case of loss.

Agricultural Refinance and Development Corporation Act, 1963 Complete Act

State: Central

Year: 1963

.....enumerated in Section 20 of the Indian Trusts Act, 1882 (2 of 1882)-, and be also deemed to be approved securities for the purposes of the Insurance Act, 1938 (4 of 1938)-, and the15[Banking Regulation Act], 1949 (10 of 1949)- SECTION 08: REGISTER OF SHAREHOLDERS - (1) The Corporation shall maintain at its head office a register of the shareholders and shall enter therein the following particulars so far as they may be available, namely:- (i) the names and addresses of the shareholders and a statement of the shares held by each shareholder, distinguishing each share by its denoting number; (ii) the date on which each person is entered as a shareholder; (iii) the date on which any person ceases to be a shareholder; and (iv) such other particulars as may be prescribed. (2) Notwithstanding anything contained in this Act or in any other law for the time being in force, no notice of any trust, express, implied or constructive, shall be entered on the register maintained under sub-section (1) or be receivable by the Corporation. CHAPTER 03: MANAGEMENT OF THE CORPORATION SECTION 09: MANAGEMENT (1) The general superintendence, direction and management of the affairs and.....

Agricultural Refinance and Development Corporation Act 1963 Chapter IV

Title: Funds and Business of the Corporation

State: Central

Year: 1963

..... 1. Omitted by Act 45 of 1975 w.e.f. 15.11.1975. Section 24 - Power to impose conditions for accommodation In entering into any transaction under Section 22 with an eligible institution, the Corporation may impose such conditions as it may think necessary or expedient for protecting the interests of the Corporation. Section 25 - Power to call for repayment before agreed period Notwithstanding anything to the contrary contained in any agreement, the Corporation may, by notice in writing, require any eligible institution to which it has granted any loan or advance to discharge forthwith in full its liabilities to the Corporation: (a) if it appears to the Board that false or misleading information in any material particular was given in the application for the loan or advance; or (b) if the eligible institution has failed to comply with any of the terms of its contract with the Corporation in the matter of the loan or advance; or (c) if there is a reasonable apprehension that the eligible institution is unable to pay its debts or that proceedings for liquidation maybe commenced in respect thereof; or (d) if for any reason it is necessary to do so to.....

The Punjab Land Improvement Scheme Act, 1963 Complete Act

State: Punjab

Year: 1963

THE PUNJAB LAND IMPROVEMENT SCHEME ACT, 1963 THE PUNJAB LAND IMPROVEMENT SCHEME ACT, 1963 Act no. 23 of 1963 As applicable to Punjab 1985 ANNEXURE-2 The Punjab land improvement Schemes Act, 1963 Punjab Act No. 23 of 1963 Arrangement of Section CHAPTER I Section 1 Short title 2 Definitions CHAPTER II Notification of areas, constitution of District Land Improvement Committee and making of land Improvement Scheme. 3 Notification of areas 4 Constitution, etc., of District Land Improvement Committees. 5 Functions of District Land Improvement Committees. 6 Power to enter upon land to do certain acts. 7 Approval and publication of schemes. 8 Objection of schemes. 9 Enquiry into objection and report. 10 Sanctioning of final scheme. 11 Publication of final scheme. 12 Power of District Land Improvement Committees to male regulations. CHAPTER III Execution of Schemes 13 Soil Conservation Officer to execute the scheme. 13A A special provision for financing of schemes by banks. 14 Power to carry out works under the schemes. 15 Power to State Government to carry out schemes. CHAPTER IV Maintenance, repair and use of works.....

Unit Trust of India Act, 1963 Complete Act

State: Central

Year: 1963

.....all powers and do all acts and things which may be exercised or done by the Trust. (2) The Board shall, in discharging its functions under this Act, act on business principles regard being had to the interest of the unit holders. SECTION 10: BOARD OF TRUSTEES The Board of trustees shall consist of the following namely- (a) the Chairman to be appointed by the16[Central Government in Consultation with the Development Bank]; 17[(aa) one trustee to be nominated by the Reserve Bank;] (b) four trustees to be nominated by the16[Development Bank], of whom not less than three shall be persons having special knowledge of, or experience in, commerce, industry, banking, finance or investment; (c) one trustee to be nominated by the Life Insurance Corporation; (d) one trustee to be nominated by the State Bank; (e) two trustees to be elected in the prescribed manner by the contributing institutions referred to in clause (d) of sub-section (2) of section 4-, and (f) an executive trustee to be appointed by the16[Development Bank]. Provided that if the appointment of the Chairman is whole -time it shall not be necessary to appoint an executive trustee: Provided further that on the first.....

Maharashtra Ownership of Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 Complete Act

State: Maharashtra

Year: 1963

.....AND TRANSFER) ACT, 1963 MAHARASHTRA OWNERSHIP OF FLATS (REGULATION OF THE PROMOTION OF CONSTRUCTION, SALE, MANAGEMENT AND TRANSFER) ACT, 1963 An act to regulate for a certain period, in the State of Maharashtra, the promotion of the construction of, the sale and management, and the transfer of flats on ownership basis WHEREAS, It has been brought to the notice of the State Government that, consequent on the acute shortage of housing in the several areas of the State of Maharashtra, sundry abuses, malpractices and difficulties relating to the promotion of the construction of, and the sale and management and transfer of flats taken on ownership basis exist, and are increasing; AND WFIEREAS, the Government in order to, advise itself as respects the manner of dealing with these matters appointed a committee by Government Resolution in the Urban Development and Public Health Department No. S. 248-79599-F, dated the 20th May 1960, to inquire into and report to the State Government on the several matters referred to aforesaid with the purpose of considering measures for their amelioration; AND WHEREAS, the aforesaid Committee has submitted its report to Government in.....

Unit Trust of India Act, 1963 (52 of 1963) Chapter IV

Title: Powers and Functions of the Trust

State: Central

Year: 1963

.....(2), (4), (6), (7), sub-clause (c) of Cl. (8) and Cls. (11), (12), (13) and (15) of sub-section (1).] _____________________ 1. Substituted by Act 63 of 1985, Section 5 (w.e.f. 23rd April, 1985). Section 19A - Power to impose conditions, etc. 1[19A. Power to impose conditions, etc. (1) In entering into any arrangement, under Section 19, with any concern, the Trust may impose such conditions as it may think necessary or expedient for protecting the interest of the Trust and for securing that the accommodation granted by it is put to the best use by the industrial concern. (2) Where any arrangement entered into by the Trust under Section 19 with any concern provides for the appointment by the Trust of one or more directors of such concern, such provision and any appointment of directors made in pursuance thereof shall be valid and effective notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956), or in any other law for the time being in force or in the memorandum, articles of association or any other instrument relating to the concern, and any provision regarding share qualification, age limit, number of directorships, removal from.....

Agricultural Refinance and Development Corporation Act 1963 Section 22

Title: Business Which the Corporation May Transact

State: Central

Year: 1963

.....repayment of principal and payment of interest: PROVIDED that no such guarantee shall be required in cases in which (i) security, to the satisfaction of the Board, is furnished by the eligible institution, or (ii) the Board, for reasons to be recorded by it in writing, decides that no such security or guarantee is necessary2[in respect of an eligible institution, or any class of eligible institutions or having regard to the nature and scope of the scheme or schemes for 'which such accommodation is granted by the Corporation] : PROVIDED FURTHER that any sums received by an eligible institution in repayment of realisation of loans and advances refinanced either wholly or partly by the Corporation shall, to the extent of the accommodation granted by the Corporation remaining outstanding, be deemed to have been received by the eligible institution in trust for the Corporation, and shall accordingly be paid by such eligible institution to the Corporation: PROVIDED also that in case where accommodation has been granted to an eligible institution without obtaining such guarantee or security, all securities held, or which may be held, by such eligible institution, on account.....

Marine Insurance Act, 1963 Complete Act

State: Central

Year: 1963

.....NEGOTIATION OF CONTRACT (1) Every material representation made by the assured or his agent to the insurer during the negotiations for the contract, and before the contract is concluded, must be true. If it be untrue the insurer may avoid the contract. (2) A representation is material which would influence the judgment of a prudent insurer in fixing the premium, or determining whether he will take the risk. (3) A representation may be either as to a matter of fact, or as to a matter of expectation or belief. (4) A representation as to a matter of fact is true, if it be substantially correct, that is to say, if the difference between what is represented and what is actually correct would not be Considered material by a prudent insurer. (5) A representation as to a matter of expectation or belief is true if it be made in good faith. (6) A representation may be withdrawn or corrected before the contract is concluded. (7) Whether a particular representation be material or not, is, in each case, a question of fact. SECTION 23: WHEN CONTRACT IS DEEMED TO BE CONCLUDED A contract of marine insurance is deemed to be concluded when the proposal of the assured is accepted by the.....

Government of Union Territories Act, 1963 Complete Act

State: Central

Year: 1963

.....of, or the asking of questions on, any matter which affects the discharge of the functions of the Administrator in so far as he is required by this Act to act in his discretion. (2) Until rules are made under sub-section (1), the rules of procedure and standing orders with respect to the Legislative Assembly of the State of Uttar Pradesh in force immediately before the commencement of this Act in43[the Union territory] shall have effect in relation to the Legislative Assembly of that Union territory subject to such modifications and adaptations as may be made therein by the Administrator. 42[x x x] SECTION 34: OFFICIAL LANGUAGE OR LANGUAGES OF UNION TERRITORY AND LANGUAGE OR LANGUAGES TO BE USED IN LEGISLATIVE ASSEMBLY THEREOF (1) The Legislative Assembly of [the Union territory] may by law adopt any one or more of the languages in use in the Union territory or Hindi as the official language or languages to be used for all or any of the official purposes of the Union territory: Provided that so long as the Legislative Assembly of the Union territory of Pondicherry does not decide otherwise, the French language shall continue to be used as an official language of that Union.....