Bare Act Search Results
Home Bare Acts Phrase: bond Page 1 of about 1,699 results (0.012 seconds)Bonded Labour System Abolition Act, 1976 Chapter III
Title: Extinguishment of Liability to Repay Bonded Debt
State: Central
Year: 1976
.....of being heard, direct the creditor to restore to the applicant the possession of the concerned property within such time as may be specified in the order. (7) An order made by any prescribed authority, under sub-section (6), shall be deemed to be an order made by a civil court and may be executed by the court of the lowest pecuniary jurisdiction within the local limits of whose jurisdiction the creditor voluntarily resides or carries on business or personally works for gain. (8) For the avoidance of doubts, it is hereby declared that, where any attached property was sold before the commencement of this Act, in execution of a decree or order for the recovery of a bonded debt, such sale shall not be affected by any provision of this Act: Provided that the bonded labour, or an agent authorised by him in this behalf, may, at any time within five years from such commencement, apply to have the sale set aside on his depositing in court for payment to the decree-holder, the amount specified in the proclamation of sale, for the recovery of which the sale was ordered, less any amount, as well as mesne profits, which may, since the date of such proclamation of sale, have been.....
View Complete Act List Judgments citing this sectionBonded Labour System Abolition Act, 1976 Section 6
Title: Liability to Repay Bonded Debt to Stand Extinguished
State: Central
Year: 1976
.....of being heard, direct the creditor to restore to the applicant the possession of the concerned property within such time as may be specified in the order. (7) An order made by any prescribed authority, under sub-section (6), shall be deemed to be an order made by a civil court and may be executed by the court of the lowest pecuniary jurisdiction within the local limits of whose jurisdiction the creditor voluntarily resides or carries on business or personally works for gain. (8) For the avoidance of doubts, it is hereby declared that, where any attached property was sold before the commencement of this Act, in execution of a decree or order for the recovery of a bonded debt, such sale shall not be affected by any provision of this Act: Provided that the bonded labour, or an agent authorised by him in this behalf, may, at any time within five years from such commencement, apply to have the sale set aside on his depositing in court for payment to the decree-holder, the amount specified in the proclamation of sale, for the recovery of which the sale was ordered, less any amount, as well as mesne profits, which may, since the date of such proclamation of sale, have been.....
View Complete Act List Judgments citing this sectionRemittances of Foreign Exchange and Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991 Chapter III
Title: Investment in Foreign Exchange Bonds
State: Central
Year: 1991
.....commenced against any of the persons referred to in clause (a) under any of the said Acts on the ground that such person owns such Bonds; (c) the fact that any of the persons referred to in clause (a) owns such Bonds shall not be taken into account and shall be inadmissible as evidence in any proceedings relating to any offence or the imposition of any penalty under any of the said Acts. (2) Nothing in sub-section (1) shall apply to foreign exchange which is required to be brought into India under any of the provisions of-- (i) the Foreign Exchange Regulation Act, 1973 (46 of 1973); or (ii) the Income-tax Act, 1961 (43 of 1961), read with the Foreign Exchange Regulation Act, 1973 (46 of 1973), if the period within which such foreign exchange is to be brought into India has not expired or where such period has been extended, in any manner, by the Central Government or the Reserve Bank of India or any other authority, such extended period has not expired on the date of commencement of this Act. Section 7 - Foreign Exchange Bonds not to be taken into account In certain cases Without prejudice to the generality of the provisions of section 6,-- (a) the provisions of.....
View Complete Act List Judgments citing this sectionSpecial Bearer Bonds (Immunities and Exemptions) Act, 1981 [Repealed] Section 4
Title: Acquisition, Etc., of Bonds Not to Be Taken into Account for Certain Proceedings
State: Central
Year: 1981
.....not be taken into account for the purpose of any proceedings under the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Income-tax Act), the Wealth-lax Act, 1957 (27 of 1957) (hereinafter referred to as the Wealth-tax Act), or the Gift-tax Act, 1958 (18 of 1958) (hereinafter referred to as the Gift-tax Act) and, in particular, no person who has subscribed to, or has otherwise acquired, the said Bonds shall be entitled-- (a) to claim any set off or relief in any assessment, reassessment, appeal, reference or other proceeding under the Income-tax Act or to reopen any assessment or reassessment made under that Act on the ground that he has subscribed to or has otherwise acquired the said Bonds; (b) to claim, in relation to any period before the date of maturity of the said Bonds, that any asset which is includible in his net wealth for any assessment year under the Wealth-tax Act has been converted into the said Bonds; or (c) to claim, in relation to any period before the date of maturity of the said Bonds, that any asset held by him or any sum credited in his books of account or otherwise held by him represents the consideration received by him for the.....
View Complete Act List Judgments citing this sectionSpecial 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:
View Complete Act List Judgments citing this sectionBonded Labour System Abolition Act, 1976 Chapter II
Title: Abolition of Bonded Labour System
State: Central
Year: 1976
(1) On the commencement of this Act, the bonded labour system shall stand abolished any every bonded labourer shall, on such commencement, stand freed and discharged from any obligation to render any bonded labour. (2) After the commencement of this Act, no person shall (a) make any advance under, or in pursuance of, the bonded labour system, or (b) compel any person to render any bonded labour or other form of forced labour. Section 5 - Agreement, custom, etc., to be void On the commencement of this Act, any custom or tradition or any contract, agreement or other instrument (whether entered into or executed before or after the commencement of this Act) by virtue of which any person, or any member of the family or dependent of such person, is required to do any work or render any service as a bonded labourer, shall be void and inoperative.
View Complete Act List Judgments citing this sectionBonded Labour System Abolition Act, 1976 Section 7
Title: Property of Bonded Labourer to Be Freed from Mortgage, Etc.
State: Central
Year: 1976
(1) All property vested in a bonded labourer which was, immediately before the commencement of this Act under any mortgage, charge, lien or other encumbrances in connection with any bonded debt shall, in so far as it is relatable to the bonded debt, stand freed and discharged from such mortgage, charge, lien or other incumbrances, and where any such property was, immediately before the commencement of this Act, in the possession of the mortgagee or the holder of the charge, lien or incumbrance, such property shall (except where it was subject to any other charge), on such commencement, be restored to the possession of the bonded labourer. (2) If any delay is made in restoring any property referred to in sub-section (1) to the possession of the bonded labourer, such labourer shall be entitled, on and from the date of such commencement, to recover from the mortgagee or holder of the lien, charge or incumbrance, such mesne profits as may be determined by the civil court of the lowest pecuniary jurisdiction within the local limits of whose jurisdiction such property is situated.
View Complete Act List Judgments citing this sectionBonded Labour System Abolition Act, 1976 Section 4
Title: Abolition of Bonded Labour System
State: Central
Year: 1976
(1) On the commencement of this Act, the bonded labour system shall stand abolished any every bonded labourer shall, on such commencement, stand freed and discharged from any obligation to render any bonded labour. (2) After the commencement of this Act, no person shall (a) make any advance under, or in pursuance of, the bonded labour system, or (b) compel any person to render any bonded labour or other form of forced labour.
View Complete Act List Judgments citing this sectionBonded Labour System Abolition Act, 1976 Section 18
Title: Punishment for Extracting Bonded Labour Under the Bonded Labour System
State: Central
Year: 1976
Whoever enforces after the commencement of this Act, any custom, tradition, contract, agreement or other instrument, by virtue of which any person or any member of the family of such person or any dependent of such person is required to render any service under the bonded labour system, shall be punishable with imprisonment for a term which may extend to three years and also with fine which may extend to two thousand rupees; and, out of the fine, if recovered, payment shall be made to the bonded labourer at the rate of rupees five for each day for which the bonded labour was extracted from him.
View Complete Act List Judgments citing this sectionGold Bonds Immunities and Exemptions Act, 1993 Preamble 1
Title: Gold Bonds Immunities and Exemptions Act, 1993
State: Central
Year: 1993
GOLD BONDS (IMMUNITIES AND EXEMPTIONS) ACT, 1993 [Act, No. 25 of 1993] [2nd April, 1993] PREAMBLE An Act to provide for certain immunities to the subscribers of the Cold Bonds and for certain exemptions from direct taxes in relation to such Bonds and for matters connected therewith or incidental thereto. WHEREAS with a view to mobilising the idle gold resources of residents in India, it is expedient to provide for certain immunities and exemptions to render it possible for such residents to subscribe to Gold Bonds. BE it enacted by Parliament in the Forty-fourth Year of the Republic of India as follows:-
View Complete Act List Judgments citing this section- << Prev.
- Next >>