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State Bank of India (Amendment) Act 2007 Complete Act

Title: State Bank of India (Amendment) Act 2007

State: Central

Year: 2007

Preamble1 - STATE BANK OF INDIA (AMENDMENT) ACT 2007 Section1 - Short title and commencement Section2 - Amendment of section 3 Section3 - Amendment of section 5 Section4 - Amendment of section 10 Section5 - Amendment of section 11 Section6 - Amendment of section 18 Section7 - Amendment of section 19 Section8 - Amendment of section 24 Section9 - Amendment of section 36 Section10 - Repeal and saving

State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Complete Act

Title: State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007

State: Central

Year: 2007

Preamble1 - STATE BANK OF INDIA (SUBSIDIARY BANKS LAWS) AMENDMENT ACT, 2007 Chapter I Section1 - Short title and commencement Chapter II Section2 - Substitution of new section for section 5 Section3 - Amendment of section 6 Chapter III Section4 - Substitution of new section for section 9 Section5 - Amendment of section 10 Chapter IV Section6 - Substitution of new section for section 6 Section7 - Amendment of section 7 Section8 - Amendment of section 18 Section9 - Insertion of new section 18A Section10 - Substitution of new section for section 19 Section11 - Amendment of section 21 Section12 - Amendment of section 22 Section13 - Amendment of section 25 Section14 - Insertion of new sections 25A and 25B Section15 - Amendment of section 27 Section16 - Amendment of section 34 Section17 - Insertion of new section 35A Section18 - Amendment of section 38 Section19 - Amendment of section 39 Section20 - Insertion of new section 40A Section21 - Amendment of section 43 Section22 - Amendment of section 44 Section23 - Amendment of section 48 Section24 - Amendment of section 50 Section25 - Amendment of section 55 Section26 - Amendment of section 63

State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Chapter IV

Title: Amendment to the State Bank of India (Subsidiary Banks) Act, 1959

State: Central

Year: 2007

..... Section 25 - Amendment of section 55 In section 55 of the State Bank of India (Subsidiary Banks) Act, for the words "Banking Companies Act", the words "Banking Regulation Act" shall be substituted. Section 26 - Amendment of section 63 In section 63 of the State Bank of India (Subsidiary Banks) Act,-- (a) for sub-section (1), the following sub-section shall be substituted, namely:-- "(1) The Board of Directors of a subsidiary bank may, after consultation with the State Bank and with the previous approval of the Reserve Bank, by notification in the Official Gazette, make regulations not inconsistent with this Act and the rules made thereunder, to provide for all matters for which provision is necessary or expedient for the purpose of giving effect to the provisions of this Act or any other law for the time being in force;"; (b) in sub-section (2),-- (i) after clause (f), the following clauses shall be inserted, namely:-- "(fa) the procedure for issuing the certificates of shares; (fb) the procedure with respect to increase, whether by public issue or by preferencial allotment or private placement, the issued capital by issue of equity or preference.....

State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Chapter II

Title: Amendments to the State Bank of Saurashtra Act, 1950

State: Central

Year: 2007

.....may, with the approval of the Reserve Bank, authorise the Saurashtra Bank to increase or reduce its authorised capital.". Section 3 - Amendment of section 6 In section 6 of the State Bank of Saurashtra Act,-- (a) after sub-section (1), the following sub-section shall be inserted, namely:-- "(1A) Notwithstanding anything contained in sub-section (1), the issued capital of the Saurashtra Bank, shall consist of such amount as the State Bank may, with the approval of the Reserve Bank, fix, and, shall be divided into fully paid-up shares of such denomination in accordance with sub-section (2) of section 5."; (b) for sub-section (3), the following sub-sections shall be substituted, namely:-- "(3) The Saurashtra Bank may, from time to time, with the approval of the State Bank and the Reserve Bank, increase, whether by public issue or by preferential allotment or private placement in accordance with the procedure as may be specified by regulations made under section 63 of the State Bank of India (Subsidiary Banks) Act, 1959(38 of 1959), its issued capital by issue of equity or preference shares. (3A) The issued capital of the Saurashtra Bank shall consist of equity shares.....

State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Chapter III

Title: Amendmentsto the State Bank of Hyderabad Act, 1956

State: Central

Year: 2007

.....Bank may, with the approval of the Reserve Bank, fix, and shall be divided into fully paid-up shares of such denomination in accordance with sub-section (2) of section 9."; (b) for sub-section (3), the following sub-sections shall be substituted, namely:-- "(3) The Hyderabad Bank may, from time to time, with the approval of the State Bank and the Reserve Bank, increase, whether by public issue or by preferential allotment or private placement in accordance with the procedure as may be specified by regulations made under section 63 of the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), its issued capital by issue of equity or preference shares. (3A) The issued capital of the Hyderabad Bank shall consist of equity shares or equity and preference shares: Provided that the issue of preference shares shall be in accordance with the guidelines framed by the Reserve Bank specifying the class of preference shares, the extent of issue of each class of such preference shares (whether perpetual or irredeemable or redeemable) and the terms and conditions subject to which, each class of preference shares may be issued. (3B) The Hyderabad Bank may, with the.....

State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Preamble 1

Title: State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007

State: Central

Year: 2007

THE STATE BANK OF INDIA (SUBSIDIARY BANKS LAWS) AMENDMENT ACT, 2007 [Act No. 30 of 2007] [18th June, 2007] PREAMBLE An Act further to amend the State Bank of Saurashtra Act, 1950, the State Bank of Hyderabad Act, 1956 and the State Bank of India (Subsidiary Banks) Act, 1959. be it enacted by Parliament in the Fifty-eighth Year of the Republic of India as follows:--

State Bank of India (Amendment) Act 2007 Preamble 1

Title: State Bank of India (Amendment) Act 2007

State: Central

Year: 2007

THE STATE BANK OF INDIA (AMENDMENT) ACT, 2007 [Act No. 32 of 2007] [3rd September, 2007.] PREAMBLE An Act further to amend the State Bank of India Act, 1955. be it enacted by Parliament in the Fifty-eighth Year of the Republic of India as follows:--

The Kerala State Higher Education Council Act, 2007 Complete Act

State: Kerala

Year: 2007

THE KERALA STATE HIGHER EDUCATION COUNCIL ACT, 2007 ACT 22 OF 2007 THE KERALA STATE HIGHER EDUCATION COUNCIL ACT, 2007 An Act to provide for the setting up of the Kerala State Higher Education Council. Preamble .- WHEREAS, it is expedient to establish a State Higher Education Council as a collective of the Government, Universities, academics, experts and people's representatives in order to forge a synergic relationship among them by occupying an operational space in between the Government and Universities and between Universities and apex level regulatory bodies, with the objects of (i) ensuring the autonomy and accountability of all institutions of higher education in the State, (ii) promoting academic excellence and social justice by providing academic input to the State Government for policy formulation and perspective planning, and (iii) guiding the growth of higher education in accordance with the socio-economic requirements of the State ; AND WHEREAS, it is necessary to achieve the above said objectives, to empower this Council to (i) review and co-ordinate the implementation of policies in all higher education institutions in the State including.....

The Kerala State Commission for the Scheduled Castes and the Scheduled Tribes Act, 2007 Complete Act

State: Kerala

Year: 2007

.....The Chairperson, members and employees of the Commission shall be deemed to be public servants within the meaning of section 21 of the Indian Penal Code (Central Act 45 of 1860) 16. Power to make rules .-(1) The Government may, by notification in the Gazette, make rules for carrying out the purposes of this Act, either prospectively or retrospectively. (2) In particular, and without prejudice to the generality of the foregoing powers, such rules may provide for all or any of the following matters, namely:- (a) salary and allowances payable to, and the other terms and conditions of service of the Chairperson and the members under sub-section (5) of section 4 and of the officers and other employees under sub-section (2) of section 5; (b) the form in which the annual report shall be prepared under clause (d) of section 9; (c) the form, in which the annual statement of accounts shall be maintained under sub-section (1) of section 13; and (d) any other matter which is required to be, or may be, prescribed. (3) Every rule made under this Act, shall be laid, as soon as may be after it is made, before the Legislative Assembly while it is in session for a total period of fourteen days.....

The Sikkim State Authority for Planning & Development Act, 2007 Complete Act

State: Sikkim

Year: 2007

THE SIKKIM STATE AUTHORITY FOR PLANNING & DEVELOPMENT ACT, 2007 THE SIKKIM STATE AUTHORITY FOR PLANNING & DEVELOPMENT ACT, 2007 Beit enacted by the Legislature of Sikkim in the Fifty-eighth Year of the Republic of India as follows :- CHAPTER I Preliminary Short title, extent and commencement 1 (1). This Act may be called the Sikkim State Authority for Planning and Development Act, 2007. (2) It extends to the whole of Sikkim except the cantonment areas. Explanation I " "cantonment area" means an area within the jurisdiction of a cantonment. Explanation II - "cantonment" has the same meaning as in the Cantonments Act, 1924. (3) It shall come into force on such date as the State Government may, by notification, appoint. 2 of 1924. Definitions. 2. In this Act, unless the context otherwise requires, - (1) "The Advisory Council" means the Advisory Council constituted under section 5; (2) "The Authority" means the Sikkim State Authority for Planning and Development, constituted under section 3; (3) "The Constitution" means the Constitution of India; (4) "The Empowered Executive Committee" means the Empowered Executive Committee constituted under section 4; (5).....