Bare Act Search Results

Special Bearer Bonds (Immunities and Exemptions) Act, 1981 [Repealed] Preamble 1

Title: Special Bearer Bonds (Immunities and Exemptions) Act, 1981

State: Central

Year: 1981

THE SPECIAL BEARER BONDS (IMMUNITIES AND EXEMPTIONS) ACT, 1981 [Act, No. 7 of 1981] PREAMBLE An Act to provide for certain immunities to holders of Special Bearer Bonds, 1991 and for certain exemptions from direct taxes in relation to such bonds and for matters connected therewith WHEREAS for effective economic and social planning it is necessary to canalize for productive purposes black money which has become a serious threat to the national economy; AND WHEREAS with a view to such canalisation the Central Government has decided to issue at par certain bearer bonds to be known as the Special Bearer Bonds, 1991, of the face value of ten thousand rupees and redemption value, after ten years, of twelve thousand rupees; AND WHEREAS it is expedient to provide for certain immunities and exemptions to render it possible for persons in possession of black money to invest thesame in the said Bonds; BE it enacted by Parliament in the Thirty-second Year of the Republic of India as follows:

Special Bearer Bonds (Immunities and Exemptions) Act, 1981 [Repealed] Complete Act

Title: Special Bearer Bonds (Immunities and Exemptions) Act, 1981 [Repealed]

State: Central

Year: 1981

Preamble1 - SPECIAL BEARER BONDS (IMMUNITIES AND EXEMPTIONS) ACT, 1981 Section1 - Short title, extent and commencement Section2 - Definition Section3 - Immunities Section4 - Acquisition, etc., of bonds not to be taken into account for certain proceedings Section5 - Amendment of Act 43 of 1961 Section6 - Amendment of Act 27 of 1957 Section7 - Amendment of Act 18 of 1958 Section8 - Power to remove difficulties Section9 - Repeal and saving Repealing Act1 - DIRECT-TAX LAWS (MISCELLANEOUS) REPEAL ACT, 2000

Companies Act, 1956 Part 4

Title: Share Capital and Debentures

State: Central

Year: 1956

.....company who is in default, shall be punishable with fine which may extend to3[five hundred rupees]. ________________________ 1.Substituted by Act 11 of 2003, Section 14, for "Court". 2.Substituted by Act 31 of 1965, Section 62 and Schedule, for "fifteen" (w.e.f. 15-10-1965). 3. Substituted by Act 53 of 2000, Section 43, for "fifty rupees" (w.e.f. 13-12-2000). Section 108 to 112 - Transfer of shares and debentures Section 108 - Transfer not to be registered except on production of instrument of transfer (1) A company shall not register a transfer of shares in, or debentures of, the company, unless a proper instrument of transfer duly stamped and executed by or on behalf of the transferor and by or on behalf of the transferee and specifying the name, address and occupation, if any, of the transferee, has been delivered to the company along with the certificate relating to the shares or debentures or if no such certificate is in existence, along with the letter of allotment of the shares or debentures: Provided that where, on an application in writing made to the company by the transferee and bearing the stamp required for an instrument of transfer, it is proved.....

Companies Act, 1956 Section 152

Title: Register and Index of Debenture-holders

State: Central

Year: 1956

.....indication to enable the entries relating to that holder in the register to be readily found. (3) If default is made in complying with sub-section (1) or (2), the company, and every officer of the company who is in default, shall be punishable with fine which may extend to 3 [five hundred rupees]. (4) Sub-sections (1) to (3) shall not apply with respect of debentures which, ex facie, are payable to the bearer thereof: ____________________ 1. The words "distinguishing each share by its number" omitted by Act 22 of 1996, sec. 30 and Schedule (w.r.e.f. 20-9-1995). 2. Inserted by Act 8 of 1997, Section 12 (w.r.e.f. 15-1-1997). 3. Substituted by Act 53 of 2000, Section 62, for "fifty rupees" (w.e.f. 13-12-2000).

Special Bearer Bonds (Immunities and Exemptions) Act, 1981 Complete Act

State: Central

Year: 1981

.....against any such person under any law on the ground that such person has subscribed to, or has otherwise acquired, the bonds. It makes the fact of subscription to, or acquisition of the bonds inadmissible in evidence in any proceedings relating to any offence or imposition of any penalty under any such law. These immunities have been made subject to an exception in relation to prosecution for certain offences relating to property or prevention of corruption. The ordinance also provides that the acquisition of the bonds shall not be taken into account for the purpose of any proceedings under the Income-tax Act, 1961,the Wealth-tax Act, 1957andthe Gift-tax Act, 1958. The bonds themselves have been exempted from Wealth-tax. The premium payable on the redemption of the bonds has been exempted from income-tax. It has also been provided that transfer of the bonds will not attract any liability to capital gains tax or gift-tax. 3. The Bill seeks to replace the aforesaid Ordinance.-see Gaz. of India. 2-3-1981, Pt. II- S. 2. Ext.,p. 160. An Act to provide for certain immunities to holders of Special Bearer Bonds, 1991 and for certain exemptions from direct taxes in relation to.....

Companies Act, 1956 Part 3

Title: Prospectus and Allotment, and Other Matters Relating to Issue of Shares or Debentures

State: Central

Year: 1956

.....1934), repayment of such deposit shall be made in full on or before the 1st day of April, 1975, and such repayment shall be without prejudice to any action that may be taken under the Reserve Bank of India Act, 1934 for the acceptance of such deposit in contravention of such direction. 6[(3A) Every deposit accepted by a company after the commencement of the Companies (Amendment) Act, 1998, shall, unless renewed in accordance with the rules made under sub-section (1), be repaid in accordance with the terms and conditions of such deposit.] (4) Where any deposit is accepted by a company after the commencement of the Companies (Amendment) Act, 1974, in contravention of the rules made under sub­section (1), repayment of such deposit shall be made by the company within thirty days from the date of acceptance of such deposit or within such further time, not exceeding thirty days, as the Central Government may, on sufficient cause being shown by the company, allow. (5) Where a company omits or fails to make repayment of a deposit in accordance with the provisions of clause (c) of sub-section (3), or in the case of a deposit referred to in sub-section (4), within the time.....

Karnataka Souharda Sahakari Act, 1997 Section 28

Title: Election of Office Bearers

State: Karnataka

Year: 1997

(1) The Chief Executive shall within fifteen days from the date of election of the board and immediately before the expiry of the term of office of the President or Chairperson, Vice--President or Vice--Chairperson convene a meeting in the prescribed manner of all the elected members of the board for the purpose of electing President or Chairperson, Vice--president or Vice--Chairperson and such other office bearers as are required to be elected under the bye--laws of the Co--operative. One of the elected members who is not a candidate for the election of President or Chairperson, Vice--President or Vice--Chairperson, shall be chosen to preside over such meetings: Provided that at the election of the office bearers held immediately after registration of a Co--operative, one of the elected directors who is not a candidate for the election of the office bearers, shall be chosen to preside over the meeting of the first Board: Provided further that at the election of office bearers if all the elected directors are the candidates, the Chief Executive shall preside over such meeting of the Board. (2) The President or Chairperson or in his absence, the Vice President or Vice--Chair

Trade Unions Act, 1926 Section 22

Title: Proportion of Office-bearers to Be Connected with the Industry

State: Central

Year: 1926

.....in the establishment or industry with which the Trade Union is connected. Explanation.-For the purposes of this sub-section, an employee who has retired or has been retrenched shall not be construed as outsider for the purpose of holding an office in a Trade Union. (3) No member of the Council of Ministers or a person holding an office of profit (not being an engagement or employment in an establishment or industry with which the Trade Union is connected), in the Union or a State, shall be a member of the executive or other office-bearer of a registered Trade Union.] _________________________ 1. Substituted by Act 31 of 2001, section 8, for section 22 (w.e.f. 9-1-2002).

Companies Act, 2013, Section 71

Title: Debentures

State: Central

Year: 2013

.....Tribunal may, on the application of any or all of the debenture-holders, or debenture trustee and, after hearing the parties concerned, direct, by order, the company to redeem the debentures forthwith on payment of principal and interest due thereon. (11) If any default is made in complying with the order of the Tribunal under this section, every officer of the company who is in default shall be punishable with imprisonment for a term which may extend to three years or with fine which shall not be less than two lakh rupees but which may extend to five lakh rupees, or with both. (12) A contract with the company to take up and pay for any debentures of the company may be enforced by a decree for specific performance. (13) The Central Government may prescribe the procedure, for securing the issue of debentures, the form of debenture trust deed, the procedure for the debenture-holders to inspect the trust deed and to obtain copies thereof, quantum of debenture redemption reserve required to be created and such other matters.

Companies Act, 1956 Section 117B

Title: Appointment of Debenture Trustees and Duties of Debenture Trustees

State: Central

Year: 1956

.....Government] and the2[Central Government] may, after hearing the company and any other person interested in the matter, by an order, impose such restrictions on the incurring of any further liabilities as the2[Central Government] thinks necessary in the interests of holders of the debentures.] 3[Provided that in the case of revival and rehabilitation of a sick industrial company under Part VIA, the provisions of this section shall have effect as if for the words "Central Government", the word "Tribunal" had been substituted.] _______________________ 1. Inserted by Act 53 of 2000, section 48 (w.e.f. 13-12-2000). 2. Substituted by Act 11 of 2003, section 17, for "Company Law Board". 3. Inserted by Act 11 of 2003, section 17.