Bare Act Search Results

High Denomination Bank Notes (Demonetisation) Act, 1978 Complete Act

Title: High Denomination Bank Notes (Demonetisation) Act, 1978

State: Central

Year: 1978

Preamble1 - HIGH DENOMINATION BANK NOTES (DEMONETISATION) ACT, 1978 Section1 - Short title, extend and commencement Section2 - Definitions Section3 - High denomination bank notes to cease to be legal tender Section4 - Prohibition of transfer and receipt of high denomination bank notes Section5 - Declaration of high denomination bank notes by bank notes and Government treasuries Section6 - Exchange of high denomination bank notes held by banks and Government treasuries Section7 - Exchange of high denomination bank notes held by other persons Section8 - Exchange of notes after the time limit specified in section 7 Section9 - Closing of banks and Government treasuries Section10 - Penalties Section11 - Special provisions relating to offences Section12 - Protection of action taken in good faith Section13 - Removal of difficulties Section14 - Power to make rules Section15 - Repeal and saving ScheduleI - FORM OF DECLARATION

Legal Tender (Inscribed Notes) Act, 1964 Complete Act

Title: Legal Tender (Inscribed Notes) Act, 1964

State: Central

Year: 1964

Preamble1 - LEGAL TENDER (INSCRIBED NOTES) ACT, 1964 Section1 - Short title and extent Section2 - Notes bearing messages of a political character not to be legal tender Section3 - Repeal and savings

Promissory Notes (Stamp) Act, 1926 [Repealed] Complete Act

Title: Promissory Notes (Stamp) Act, 1926 [Repealed]

State: Central

Year: 1926

Preamble1 - PROMISSORY NOTES (STAMP) ACT, 1926 Section1 - Short title and extent Section2 - Validation of certain promissory notes Repealing Act1 - FINANCE ACT, 2006

Forward Contracts (Regulation) Act, 1952 Chapter IV

Title: Forward Contracts and Options in Goods

State: Central

Year: 1952

.....goods entered into in pursuance of sub-section (1) which is in contravention of any of the bye-laws specified in this behalf under clause (a) of sub-section (3) of section 11 shall be void-- (i) as respects the rights of any member of the recognised association who has entered into contract in contravention of any, such bye-law, and also (ii) as respects the rights of any other person who has knowingly participated in the transaction entailing such contravention. (3) Nothing in sub-section (2) shall affect the right of any person other than a member of the recognised association to enforce any such contract or to recover any sum under or in respect of such contract: Provided that such person had no knowledge that such transaction was in contravention of any of the bye-laws specified under clause (a) of sub-section (3) of section 11. 1[(3A) Any forward contract in goods entered into in pursuance of sub-section (1), which at the date of the contract is in contravention of any of the bye-laws specified in this behalf under clause (aa) of sub-section (3) of section 11 shall be illegal.] (4) No member of a recognised association shall, in respect of any goods specified in.....

Forward Contracts (Regulation) Act, 1952 Section 15

Title: Forward Contracts in Notified Goods Illegal or Void in Certain Circumstances

State: Central

Year: 1952

.....goods entered into in pursuance of sub-section (1) which is in contravention of any of the bye-laws specified in this behalf under clause (a) of sub-section (3) of section 11 shall be void-- (i) as respects the rights of any member of the recognised association who has entered into contract in contravention of any, such bye-law, and also (ii) as respects the rights of any other person who has knowingly participated in the transaction entailing such contravention. (3) Nothing in sub-section (2) shall affect the right of any person other than a member of the recognised association to enforce any such contract or to recover any sum under or in respect of such contract: Provided that such person had no knowledge that such transaction was in contravention of any of the bye-laws specified under clause (a) of sub-section (3) of section 11. 1[(3A) Any forward contract in goods entered into in pursuance of sub-section (1), which at the date of the contract is in contravention of any of the bye-laws specified in this behalf under clause (aa) of sub-section (3) of section 11 shall be illegal.] (4) No member of a recognised association shall, in respect of any goods specified in.....

Forward Contracts (Regulation) Act, 1952 Complete Act

State: Central

Year: 1952

FORWARD CONTRACTS (REGULATION) ACT, 1952 FORWARD CONTRACTS (REGULATION) ACT, 1952 74 of 1952 26th December, 1952 STATEMENTS OF OBJECTS AND REASONS "Forward trading, which normally plays a useful part in tempering price fluctuations, tends in certain situations to exaggerate such fluctuation to the detriment of the interests of producers as well as consumers. An Act to provide for the regulation of certain matters relating to forward contracts, the prohibition of options in goods and for matters connected therewith. BE it enacted by Parliament as follows :- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may he called The Forward Contracts (Regulation) Act, 1952. (2) It extends2to the whole of India,3[* * * * * *] (3) Chapter 1 shall come into force at once, and the remaining provisions shall come into force on such date or dales as the Central Government may by notification in the Official Gazette, appoint.4and different dales may he appointed for different provisions of this Act. for different Stales or areas and for different goods or classes of goods. SECTION 02: DEFINITIONS - In this Act, unless the context otherwise requires,- (a) "association".....

High Denomination Bank Notes (Demonetisation) Act, 1978 Section 7

Title: Exchange of High Denomination Bank Notes Held by Other Persons

State: Central

Year: 1978

.....officer thereof; and (f) where the high denomination bank note is owned by any other person, by that person or by some person competent to act on his behalf; and within the time and in the manner provided in this section. (2) Every person desiring to tender for exchange a high denomination bank note under this section shall prepare in the form set out in the Schedule three copies of a declaration signed by him giving in full the particulars required by that form and shall, not later than the 19th day of January, 1978, deliver such copies in person together with the high denomination bank notes he desires to exchange- (a) to either of the offices of the Reserve Bank at Bombay or to the sub-office, office or branch, as the case may be, of that bank at Ahmedabad, Bangalore, Bhubaneshwar, Calcutta, Gauhati, Hyderabad, Jaipur, Kanpur, Madras, Nagpur, New Delhi and Patna; or (b) to the main office or branch of the State Bank at the head-quarters of a district; or (c) to any other office of a public sector bank notified in this behalf by the Reserve Bank: Provided that if such person resides in a place not within convenient reach of any such office or branch, or.....

Legal Tender (Inscribed Notes) Act, 1964 Section 2

Title: Notes Bearing Messages of a Political Character Not to Be Legal Tender

State: Central

Year: 1964

Notwithstanding anything contained in the Reserve Bank of India Act, 1934, or in the Currency Ordinance, 1940, or in any other law for the time being in force, a currency note of the Government of India, a bank note issued by the Reserve Bank of India, or a Government of India one-rupee note issued under the Currency Ordinance, 1940, which bears written upon it any extrinsic words or visible representations intended to convey or capable of conveying a message of a political character, shall not be legal tender; and the Reserve Bank of India shall riot be under any legal obligation to receive any such note, or to issue rupee coin or other coin or currency notes or bank notes in exchange for any such note, or to refund the value of any such note: Provided that the Reserve Bank of India may refund as of grace the whole or part of the value of any such note.

High Denomination Bank Notes (Demonetisation) Act, 1978 Section 6

Title: Exchange of High Denomination Bank Notes Held by Banks and Government Treasuries

State: Central

Year: 1978

.....equivalent amount in exchange for the high denomination bank notes declared by it in the return referred to in section 5 in bank notes or by credit to Government account. (4) Notwithstanding anything contained in sub-sections (1), (2) and (3), where the return referred to in section 5 is presented in the manner provided in the proviso to sub-section (3) of that section, the exchange referred to in this section may be effected only by the Reserve Bank at Bombay. (5) Every application for the exchange of high denomination bank notes under this section shall be accompanied by the copy of the return received under sub-section (4) of section 5 which contains the distinctive numbers of such bank notes.

High Denomination Bank Notes (Demonetisation) Act, 1978 Section 5

Title: Declaration of High Denomination Bank Notes by Bank Notes and Government Treasuries

State: Central

Year: 1978

.....for forwarding to the Reserve Bank to the Manager of the sub-office, office or branch of the Reserve Bank at the places specified under sub-section 92) of section 7, or to the District Magistrate, or to the Sub-divisional Magistrate or, if such Manager or Magistrate is not available, to the senior-most Revenue or Police Officer available not later than 3.00 P.M.on the 17th day of January, 1976: Provided that if it is not feasible to present the return to any such person as aforesaid, it may be presented by handing two copies thereof not later than 3.00 P.M.on the 17th day of January, 1978 to a telegraph office, one copy for despatch by express telegram to the Reserve Bank at Bombay at the expense of the bank or the Government treasury, as the case may be, and the other copy for return to the person presenting it in the manner provided in sub-section (4), and by despatching the third copy required by sub-section (2( by registered post on the same day to the Reserve Bank at Bombay. (4) The officer to whom the return is presented shall give back to the person presenting it one copy thereof under his signature and seal of office in acknowledgement of receipt on which.....