Bare Act Search Results

Act 28 of 1958 Sthanam Properties (Assumption of Temporary Management and Control) and Hindu Succession (Amendment) Act, 1958[1] Complete Act

State: Kerala

Year: 1958

.....for the purpose of securing, administering, possessing and managing any sthanam property and generally for the purpose of enabling him satisfactorily to discharge any of the duties imposed on him by or under this Act, and may, for any such purposes aforesaid, do all acts and incur all expenses necessary or incidental thereto. Without prejudice to the generality of the provisions contained in sub-section (1), the Collector may, for any of the purposes aforesaid,- (a) appoint any officer who is not below the rank of a Revenue Divisional Officer or a person who is qualified to be appointed as a Munsiff as manager for the sthanam properties and authorize the manager to exercise the powers of the Collector under this section, subject to the approval of the Board of Revenue. In making appointment connected with the maintenance and management of the estate, the Collector shall, as far as possible, try to absorb the existing staff and other employees under the sthanam and if, for any reason, any retrenchment becomes necessary, compensation may be paid to them consistent with the nature of service, conditions of employment and financial position of the estate; (b)enter, or.....

Central Provinces Court of Wards Act, 1899 Section 10

Title: Assumption of Superintendence to Be Notified and to Extend to Whole of Government Wards Property

State: Central

Year: 1899

(1)Whenever the Court of Wards assumes the superintendence of the property of anyperson under this Act, the fact of such assumption, and the date on which it wassanctioned by the 1 [2 [State] Government], shall benotified in the 3 [Official Gazette]. (2)On and with effect from the date of such sanction, the whole of the property,moveable and immoveable, of such person, whether the existence of any suchproperty may be known to the said Court or not, shall be deemed to be under thesuperintendence of the Court of Wards. (3)Any property which the Government ward may inherit subsequently to the date ofsuch sanction, shall also be deemed to be under the superintendence of the Courtof Wards. (4)The Court of Wards may, in its discretion, assume, or refrain from assuming, thesuperintendence of any property which the ward may acquire, otherwise than byinheritance, subsequently to the date of such notification. ________________________ 1.Substituted by the A. O. 1937for "L.G.". 2.Substituted by for "provincial" by the A.O. 1950. 3.Substituted by the A. O. 1937for "local officialGazette".

Merchant Shipping Act, 1958 Section 64

Title: Unlawful Assumption of Indian Character

State: Central

Year: 1958

No person on board a ship which is not an Indian ship shall, for the purpose of making it appear to be an Indian ship, use the Indian national c6lours, unless the assumption of Indian character has been made (the burden of proving which shall lie on him) for the purpose of escaping capture by the enemy or by a foreign ship of war in the exercise of some belligerent right.

Forest Act, 1963 Section 44

Title: Consequences of Assumption of Management

State: Karnataka

Year: 1963

.....the forest or any part thereof or any product thereof; or (iii) to grant valid receipts for the rents or profits arising or accruing therefrom; (c) so long as the management by the State Government continues, subject to the orders of the State Government, no person other than the Forest Officer placed in charge of the forest shall be competent to do the acts referred to in sub-clauses (i), (ii) and (iii) of clause (b); (d) subject to the orders of the State Government, the Forest Officer placed in charge of the forest, shall during the period of management of the forest, have all the powers which the owner thereof might as such have exercised for the purposes of management and shall receive and recover all rents and profits due in respect of the property under management; and for the said purposes in addition to any powers of the owner, the Forest Officer, shall be competent to exercise any power which he can exercise in respect of a reserved forest.

Bombay Court of Wards Act, 1905, (Maharashtra) Section 4

Title: Assumption of Superintendence by Court of Wards of Property of Disqualified Land

State: Maharashtra

Year: 1905

.....in the public interests to preserve the property of such landholder 4[or pension-holder] for the benefit of his family, and that the said property is of such virtue that economical management by the Court of Wards is practicable. (2) No sanction given under sub-section (1) shall be called in question in any Court, except in the case of a land-holder [or pension-holder] disqualified under section 5, sub-section (1). clause (a), where proceedings are instituted within three months of the giving of the sanction. __________________________ 1. The words "Provincial Government" were substituted for the words "Government in Council" by the Adaptation of Indian Laws Order in Council. 2. This word was substituted for the word "Provincial" by the Adaptalion of Laws Order, 1950. 3. These words were inserted by Section 3 of the Bombay Court of Wards (Amendment) Act, 1913 (Bom. 2 of 1913). 4. These words were inserted, ibid., Section 4(1).

BOMBAY COURT OF WARDS ACT, 1905, (Maharashtra) Section 13

Title: Assumption of superintendence to be notified and to extend to whole of Government ward's property

State: Maharashtra

Year: 1905

(1) Whenever the Court of Wards assumes the superintendence of the property of land-holder 1[or pension-holder] under this Act, the fact of such assumption, and the date on which it was sanctioned by the 2[3[State] Government], shall be notified in the 4y[Official Gazette] and in such other manner as the 2[3[State] Government] may, by general or special order, direct. (2) On and with effect from the date of such sanction, the whole of the property, moveable and immovable, of such landholder 1[or pension-holder], whether the existence of any such property is known to the Court of Wards or not, shall be deemed to be under the superintendence of the Court of Wards. (3) Any property which the Government ward may inherit or acquire by succession subsequently to the date of such sanction shall also be deemed to be under the superintendence of the Court of Wards. (4) The Court of Wards may, in its discretion, assume, or refrain from assuming, the superintendence of any property which the Government ward may acquire otherwise than by inheritance or succession subsequently to the date of such notification. ____________________________ 1. These words were inserted by Section 4(1).....

Pepsu Court of Wards Act, 2008 Bk Complete Act

State: Punjab

Year: 2008

.....the person or property, or both, of a minor, under the provisions of section 18 of the Patiala Guardians and Wards Act, 2002, he shall intimate the fact to the Court of Wards, and the Court of Wards may thereupon in its discretion, either assume or refrain from assuming, the superintendence of the person or property or both (as the case may be) of such minor, and the provisions of this Act shall, if such superintendence be so assumed, apply to the person or property, or both (as the case may be), of such minor. 8. Properties of which there are more proprietors than one- When there are two or more proprietors of any property and the shares of the several proprietors have not been separated off, and the Court of Wards, acting under section 6 or section 7, assumes the superintendence of the property of one or more, but not all of such proprietors, the Court of Wards may assume the superintendence also of the shares of such joint-proprietor or joint-proprietors as is or are not disqualified, paying any such proprietor the surplus income accruing from his share of the property. The superintendence assumed under this section shall extend only to the management of the share of the.....

The Bombay Court of Wards Act, 1905 Complete Act

State: Maharashtra

Year: 1905

.....property, or of the person and property, of a minor under Section 7, sub-section (1), of the Guardians and Wards Act, 1890, he shall intimate the fact to the Court of Wards, and the Court of Wards may thereupon, with the previous sanction of the 2[3[State] Government], assume the superintendence of the property, or of the person and property of such minor. 1. These words were inserted, by S. 3 of the Bombay Court of Wards (Amendment) Act, 1913 (Bom. 2 of 1913) S. 4 (1). 2. These words were inserted, ibid., s. 4 (2). 3. These words were substituted for the words "servant of the Crown" by the Adaptation of Laws Order, 1950. SECTION 07: SUPERINTENDENCE NOT TO BE ASSUMED WHERE GUARDIAN APPOINTED EXCEPT WITH CONSENT OF DISTRICT COURT The Court of Wards shall not assume the superintendence of the property, or of the person and property, of any minor of whose pro perty, or of whose person and property, (a) a guardian has been appointed by will or other instrument, or (b) a guardian other than 4[a 5[Government Officer]] has been appointed as declared under Section 7, sub section (1), of the 'Guardians and Wards Act, 1890, except with the previous consent of the.....

Estate Duty Act, 1953 Complete Act

State: Central

Year: 1953

.....apply to- (a) gifts made in consideration of marriage, subject to a maximum of rupees then thousand in value; (b) gifts which are proved to the satisfaction of the Conroller to have been part of the normal expenditure of the deceased, subject to a maximum of rupees ten thousand in value.] SECTION 10: Gifts whenever made where donor not entirely excluded: Property taken under any gift, whenever made, shall be deemed to pass on the donor's death to the extent that bona fide possession and enjoyment of it was not immediately assumed by the donee and thence- forward retained to the entire exclusion of the donor or of any benefit to him by contract or otherwise: Provided that the property shall not be deemed to pass by reason only that it was not, as from the date of the gift, exclusively retained as aforesaid, if, by means of the surrender of the reserved benefit or otherwise, it is subsequently enjoyed the entire exclusion of the donor or of any benefit of him for at least [two years] before the death. [Provided further that a house or part thereof taken under any gift made to the spouse, son, daughter, brother or sister, shall not be deemed to pass on the donor's death by.....

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY (PREPARATION OF FINANCIAL STATEMENTS AND AUDITOR'S REPORT OF INSURANCE COMPANIES)REGULATIONS, 2000 Complete Act

State: Central

Year: 2000

.....over the period of insurance because of the very nature of the risk covered e.g. some infrastructure projects involving varying degrees of risk factor. A deposit premium is paid in such cases at the beginning of the policy period and subsequently adjusted. The basis of determination of premium earned shall be adequately justified, preferably supported by external evidence such as by certification from an actuary and/or other technical experts. Adequate disclosure of such basis shall be made. 3. Premium deficiency.-Premium deficiency shall be recognised if the sum of expected claim costs, related expenses and maintenance costs exceed related unearned premiums. For contracts exceeding four years, once a premium deficiency has occurred, future changes to the liability shall be based on actuarial/technical evaluation. 4. Acquisition costs.-Acquisition costs, if any, shall be expensed in the period in which they are incurred. Acquisition costs are those costs that vary with, and are primarily related to, the acquisition of new and renewal insurance contracts. The most essential test is the obligatory relationship between costs and the execution of insurance contracts (i.e......