Title : Insertion of New Section 26a
State : Central
Year : 2012
After section 26 of the principal Act, the following section shall be inserted, namely:-- '26A. Establishment of Depositor Education and Awareness Fund.-- (1) The Reserve Bank shall establish a Fund to be called the "Depositor Education and Awareness Fund" (hereafter in this section referred to as the "Fund"). (2) There shall be credited to the Fund the amount to the credit of any account in India with a banking company which has not been operated upon for a period of ten years or any deposit or any amount remaining unclaimed for more than ten years, within a period of three months from the expiry of the said period of ten years: Provided that nothing contained in this sub-section shall prevent a depositor or any other claimant to claim his deposit or unclaimed amount or operate..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 9
State : Central
Year : 2011
In sub-section (4) of section 9 of the State Bank of Hyderabad Act, 1956 (79 of 1956) (hereafter in this Chapter referred to as the State Bank of Hyderabad Act), for the words "with the approval of the Reserve Bank", the words "in consultation with the Reserve Bank and with the approval of the Central Government" shall be substituted. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 2
State : Central
Year : 2007
In section 2 of the Competition Act, 2002 (hereinafter referred to as the principal Act), after clause (b), the following clause shall be inserted, namely: -- '(ba) "Appellate Tribunal" means the Competition Appellate Tribunal established under sub-section (1) of section 53A.'. View Complete Act List Judgments citing this sectionTitle : Substitution of New Section for Section 30
State : Central
Year : 2007
For section 30 of the principal Act, the following section shall be substituted, namely: -- "30. Procedure in case of notice under sub-section (2) of section 6 - Where any person or enterprise has given a notice under sub-section (2) of section 6, the Commission shall examine such notice and form its prima facie opinion as provided in sub-section (1) of section 29 and proceed as per provisions contained in that section.". View Complete Act List Judgments citing this sectionTitle : Substitution of New Section for Section 43
State : Central
Year : 2007
36[For section 43 of the principal Act, the following section shall be substituted, namely:-- "43. Penalty for failure to comply with directions of Commission and Director General-If any person fails to comply, without reasonable cause, with a direction given by -- (a) the Commission under sub-sections (2) and (4) of section 36; or (b) the Director General while exercising powers referred to in sub-section (2) of section 41, such person shall be punishable with fine which may extend to rupees one lakh for each day during which such failure continues subject to a maximum of rupees one crore, as may be determined by the Commission.".] __________________________ 1. Effective date 20th May 2009- notified vide Ministry of Corporate Affairs Notification No S.O.1242(E) dated..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 45
State : Central
Year : 2007
38[In section 45, of the principal Act, for sub-section (1), the following sub-section shall be substituted, namely:-- "(1) Without prejudice to the provisions of section 44, if a person, who furnishes or is required to furnish under this Act any particulars, documents or any information,-- (a) makes any statement or furnishes any document which he knows or has reason to believe to be false in any material particular; or (b) omits to state any material fact knowing it to be material; or (c) wilfully alters, suppresses or destroys any document which is required to be furnished as aforesaid, such person shall be punishable with fine which may extend to rupees one crore as may be determined by the Commission."] __________________________ 1. Effective date 20th May 2009-..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 63
State : Central
Year : 2007
In section 63 of the principal Act, in sub-section (2), -- (i) for clause (a), the following clause shall be substituted, namely:-- "(a) the term of the Selection Committee and the manner of selection of panel of names under sub-section (2) of section 9;"; (ii) clause (c) shall be omitted; (iii) after clause (d), the following clause shall be inserted, namely: -- "(da) the number of Additional, Joint, Deputy or Assistant Directors General or such officers or other employees in the office of Director General and the manner in which such Additional, Joint, Deputy or Assistant Directors General or such officers or other employees may be appointed under subsection (1A) of section 16;"; (iv) in clauses (e) and (f), for the words "such other advisers, consultants or officers", the..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 64
State : Central
Year : 2007
In section 64 of the principal Act, in sub-section (2), for clauses (d) and (e), the following clauses shall be substituted, namely:-- "(d) the procedures to be followed for engaging the experts and professionals under sub-section (3) of section 17; (e) the fee which may be determined under clause (a) of sub-section (1) of section 19; (f) the rules of procedure in regard to the transaction of business at the meetings of the Commission under sub-section (1) of section 22; (g) the manner in which penalty shall be recovered under sub-section (1) of section 39; (h) any other matter in respect of which provision is to be, or may be, made by regulations.". View Complete Act List Judgments citing this sectionTitle : Savings
State : Central
Year : 1978
The repeal by this Act of any enactment shall not affect any other enactment in which the repealed enactment has been applied, incorporated or referred to; And this Act shall not affect the validity, invalidity, effect or consequences of anything already done or suffered, or any right, title, obligation or liability already acquired, accrued or incurred or any remedy or proceeding in respect thereof, or nay release or discharge of or from any debt, penalty, obligation, liability, claim or demand or nay indemnity already granted, or the proof of any past act or thing; Nor shall this act affect any principle or rule or law, or established jurisdiction, form or course of pleading, practice or procedure, or existing usage, custom, privilege, retraction, exemption, office or appointment,..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 3
State : Central
Year : 2007
In the National Institute of Pharmaceutical Education and Research Act, 1998 (13 of 1998) (hereinafter referred to as the principal Act), in section 3, for clause (g), the following clause shall be substituted, namely:-- '(g) "Institute" means a National Institute of Pharmaceutical Education and Research established under sub-section (1) or sub-section (2A) of section 4;'. View Complete Act List Judgments citing this section