Bare Act Search Results

The Payment And Settlement Systems (Amendment) Act, 2015 Complete Act

State: Central

Year: 2015

.....records or data relating to such derivatives or financial transactions, as may be specified by the Reserve Bank from time to time. . Amendment of section 23 3. In section 23 of the principal Act, (i) in sub-section (1), after the words to a payment system occurring at the end, the words and figure under section 7, or, such gross or netting procedure as may be approved by it under any other provisions of this Act shall be inserted; (ii) for sub-section (4), the following sub-section shall be substituted, namely: (4) Where, by an order of a court, Tribunal or authority (a) a system participant is declared as insolvent or is dissolved or wound up; or (b) a liquidator or receiver or assignee (by whatever name called), whether provisional or otherwise, is appointed in a proceeding relating to insolvency or dissolution or winding up of a system participant, then, notwithstanding anything contained in the Banking Regulation Act,1949 or the Companies Act,1956 or the Companies Act, 2013 or any other law for the time being in force, such order shall not affect any settlement that has become final and irrevocable prior to such order or immediately thereafter, and the right of the.....

The Regional Rural Banks (Amendment) Act, 2015 Complete Act

State: Central

Year: 2015

..... during the first five years of its functioning shall be omitted; (b) the proviso shall be omitted. Amendment of section 5. 3. In the principal Act, in section 5, (a) for the words five crores of rupees divided into five lakhs of fully paid-up shares of one hundred rupees each , the words two thousand crore of rupees, divided into two hundred crore of fully paid-up shares of ten rupees each shall be substituted; (b) in the proviso, for the words twenty-five lakhs of rupees, and the shares shall be, in all cases, fully paid-up shares of one hundred rupees each , the words one crore of rupees, and the shares shall be, in all cases, fully paid-up shares of ten rupees each shall be substituted. Amendment of section 6. 4. In the principal Act, in section 6, (a) in sub-section (1), for the words twenty-five lakhs of rupees or exceed one crore of rupees , the words one crore of rupees shall be substituted; (b) in sub-section (2), the following provisos shall be inserted, namely: Provided that in case the Regional Rural Bank raises its capital from sources other than the Central Government or the State Government or the Sponsor Bank, the shareholding of the Central.....

The Public Premises (Eviction Of Unauthorised Occupants) Amendments Act, 2015 Complete Act

State: Central

Year: 2015

.....appoint. Amendment of section 2. 2. In the Public Premises (Eviction of Unauthorised Occupants) Act,1971 (hereinafter referred to as the principal Act), in section 2, in clause (e), in sub-clause (2), (A) in item (i), for the words and figures "the Companies Act, 1956", the words and figures "the Companies Act, 2013" shall be substituted; (B) in item (ii), for the words and figures "the Companies Act, 1956", the words and figures "the Companies Act, 2013" shall be substituted; (C) for item (iii), the following items shall be substituted, namely: (iii) any company as defined in clause (20) of section 2 of the Companies Act, 2013 in which not less than fifty-one per cent. of the paid up capital is held partly by the Central Government and partly by one or more State Governments and includes a company which is a subsidiary (within the meaning of that Act) of the first-mentioned company and which carries on the business of public transport including metro railway. Explanation. For the purposes of this item, "metro railway" shall have the same meaning as assigned to it in clause (i) of sub-section (1) of section 2 of the Metro Railway (Operation and Maintenance) Act,.....

The Commercial Courts, Commercial Division &Amp; Commercial Appellate Division Of High Courts Act, 2015 Complete Act

State: Central

Year: 2015

.....APPELLATE DIVISION OF HIGH COURTS ACT, 2015 THE COMMERCIAL COURTS, COMMERCIAL DIVISION & COMMERCIAL APPELLATE DIVISION OF HIGH COURTS ACT, 2015 NO. 4 OF 2016 An Act to provide for the constitution of Commercial Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and matters connected therewith or incidental thereto. Be it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: CHAPTER I PRELIMINARY Short title, extent and commencement. 1. (1) This Act may be called the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall be deemed to have come into force on the 23rd day of October, 2015. Definitions. 2. (1) In this Act, unless the context otherwise requires, (a) Commercial Appellate Division means the Commercial Appellate Division in a High Court constituted under sub-section (1) of section 5; (b) Commercial Court means the Commercial Court constituted under sub-section (1) of section 3; (c) commercial dispute .....

The Finance Act, 2014 Complete Act

State: Central

Year: 2014

.....the agricultural income of the assessee for the previous year relevant to the assessment year commencing on the 1st day of April, 2015.; (B) for sub-rule (4), the following sub-rule shall be substituted, namely: (4) Notwithstanding anything contained in this rule, no loss which has not been determined by the Assessing Officer under the provisions of these rules or the rules contained in Part IV of the First Schedule to the Finance Act, 2006 (21 of 2006), or of the First Schedule to the Finance Act, 2007 (22 of 2007), or of the First Schedule to the Finance Act, 2008 (18 of 2008), or of the First Schedule to the Finance (No. 2) Act, 2009 (33 of 2009), or of the First Schedule to the Finance Act, 2010 (14 of 2010), or of the First Schedule to the Finance Act, 2011 (8 of 2011), or of the First Schedule to the Finance Act, 2012 (23 of 2012), or of the First Schedule to the Finance Act, 2013 (17 of 2013) shall be set off under sub-rule (1) or, as the case may be, subrule (2)..

The Indian Institutes Of Information Technology Act, 2014 Complete Act

State: Central

Year: 2014

.....and with the same rights and privileges as to pension, leave, gratuity, provident fund and other matters as he would have held the same if this Act had not been enacted and shall continue to do so unless and until his employment is terminated or until such tenure, remuneration and terms and conditions are duly altered by the Statutes: Provided that if the alteration so made is not acceptable to such employee, his employment may be terminated by the Institute in accordance with the terms of the contract with the employee or, if no provision is made therein in this behalf, on payment, to him by the Institute, of compensation equivalent to three months remuneration in case of permanent employees and one months remuneration in the case of other employees: Provided further that any reference, by whatever form of words, to the Director, Registrar and other officers of an existing Institute mentioned in column (3) of the Schedule, in any law for the time being in force, or in any instrument or other document, shall be construed as a reference to the Director, Registrar and other officers of the corresponding Institute mentioned in column (5) of the Schedule; (e) every person.....

The National Judicial Appointments Commission Act, 2014 Complete Act

State: Central

Year: 2014

.....by the rules. Power to make regulations 12. (1) The Commission may, by notification in the Official Gazette, make regulations consistent with this Act, and the rules made thereunder, to carry out the provisions of this Act. (2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters, namely: (a) the criteria of suitability with respect to appointment of a Judge of the Supreme Court under sub-section (2) of section 5; (b) other procedure and conditions for selection and appointment of a Judge of the Supreme Court under sub-section (3) of section 5; (c) the criteria of suitability with respect to appointment of a Judge of the High Court under sub-section (3) of section 6; (d) other Judges and eminent advocates who may be consulted by the Chief Justice under sub-section (4) of section 6; (e) the manner of eliciting views of the Governor and the Chief Minister under sub-section (7) of section 6; (f) other procedure and conditions for selection and appointment of a Judge of the High Court under sub-section (8) of section 6; (g) the procedure for transfer of Chief Justices and other Judges.....

The Rani Lakshmi Bai Central Agricultural University Act, 2014 Complete Act

State: Central

Year: 2014

.....proposes to take or has been taken by it upon the results of such inspection or inquiry. (8) Where the Board does not, within reasonable time, take action to the satisfaction of the Visitor, the Visitor may, after considering any explanation furnished or representation made by the Board, issue such directions as he may think fit and the Board shall be bound to comply with such directions. (9) Without prejudice to the foregoing provisions of this section, the Visitor may, by an order in writing, annul any proceeding of the University which is not in conformity with this Act, the Statutes or the Ordinances: Provided that before making any such order, he shall call upon the University to show cause why such an order should not be made and, if any cause is shown within a reasonable time, he shall consider the same. (10) The Visitor shall have such other powers as may be prescribed by the Statutes. Officers of the University. 10. The following shall be the officers of the University, namely: (1) the Chancellor; (2) the Vice-Chancellor; (3) the Deans; (4) the Directors; (5) the Registrar; (6) the Comptroller; (7) the University Librarian; and (8) such other officers as may be.....

The Street Vendors (Protection Of Livelihood And Regulation Of Street Vending) Act, 2014 Complete Act

State: Central

Year: 2014

.....area for public or any such place considered suitable for vending activities and providing services to the general public. (2) Any reference in this Act to any enactment or any provision thereof, shall, in relation to an area in which such enactment or such provision is not in force be construed as a reference to the corresponding law, if any, in force in that area. CHAPTER II REGULATION OF STREET VENDING Survey of street vendors and protection from eviction or relocation. 3. (1) The Town Vending Committee shall, within such period and in such manner as may be specified in the scheme, conduct a survey of all existing street vendors, within the area under its jursidiction, and subsequent survey shall be carried out at least once in every five years. (2) The Town Vending Committee shall ensure that all existing street vendors, identified in the survey, are accommondated in the vending zones subject to a norm conforming to two and half per cent. of the population of the ward or zone or town or city, as the case may be, in accordance with the plan for street vending and the holding capacity of the vending zones. (3) No street vendor shall be evicted or, as the case may be, relocated.....

Pension Fund Regulatory and Development Authority Act, 2013, Section 14

Title: Duties, Powers and Functions of Authority

State: Central

Year: 2013

.....after passing an order, on an application made for approval, by the Judicial Magistrate of first class having jurisdiction, for a period not exceeding one month, one or more bank account or accounts of any intermediary or any person associated with the scheme in any manner involved in violation of any of the provisions of this Act or the rules or the regulations made thereunder: Provided that only the bank account or accounts or any transaction entered therein, relating to the proceeds actually involved in the violation of any of the provisions of this Act or the rules or the regulations made thereunder shall be allowed to be attached; (v) direct any intermediary or any person associated with the scheme in any manner not to dispose of or alienate an asset forming part of any activity which is under investigation: Provided that the Authority shall, either before or after, passing such orders, under this section, give to such intermediaries or persons concerned an opportunity of being heard.