Bare Act Search Results

Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 Section 12

Title: Removal of Chairman from Office

State: Central

Year: 1970

.....terminated or until his remuneration, terms or conditions are duly altered by the corresponding new bank. (3) For the persons who immediately before the commencement of this Act were the trustees for any pension, provident, gratuity or other like fund constituted for the officers or other employees of an existing bank, there shall be substituted as trustees such persons as the Central Government may, by general or special order, specify. (4) Notwithstanding anything contained in the Industrial Disputes Act, 1947 (14 of 1947), or in any other law for the time being in force, the transfer of the services of any officer or other employee from an existing bank to a corresponding new bank shall not entitle such officer or other employee to any compensation under this Act or any other law for the time being in force and no such claim shall be entertained by any court, Tribunal or other authority.

The Orissa Bhoodan and Gramdan Act, 1970 Complete Act

State: Orissa

Year: 1970

.....of property both moveable and immoveable and may, by the said name, sue or be sued. (Substituted by the Orisw Bhoodan and Gramdan (Amendment) Act, 1977 (Or. Act 4 of 1977), S. 2.) [4. Composition of the Samiti. (1) The Samiti shall consist of a Chairman, a Vice-Chairman and nine other members to be appointed by the State Government. ] (2) The appointment of the Chairman, the Vice- Chairman and the other members of the Samiti shall be notified in the Gazette. (3) The Chairman shall exercise such powers and perform such functions as may be prescribed. (4) The Vice-Chairman shall exercise such powers and perform such functions of the Chairman as the Chairman may, from time to time, delegate to him in writing in that behalf and he shall also exercise the powers and perform the functions of the Chairman during his absence. 5. Term of Office. Every member of the Samiti, including the Chairman and Vice-Chairman shall hold office for a term of four years from the date of notification of his appointment, and shall be eligible for reappointment. (Added by the Orissa Bhoodan and Gramdan (Amendment) Act, 1977 (Or. Act 4 of 1977), S. 3) [Provided that the State.....

The Rajasthan Housing Board Act. 1970 Complete Act

State: Rajasthan

Year: 1970

.....to anything attached to the earth; (12)"local authority" includes a Municipal Board established under section 7 of the Rajasthan Municipalities Act 1959 (Act 38 of 1959), a panchayat established under section 3 of the Rajasthan Panchayat Act, 1953 (Act 21 1953) or a Punchiest Semitic of a zeal Paris had respectively constituted under section 7 and 42 of the Rajasthan Panchayat Semites and Zola Parish ads Act,1959 (Act 37of 1959); Explanation:- The expression "Municipal Board" wherever used in this Act, shall be deem end to include a Municipal Council or any other Municipal authority: (13)"master plan" means, the master plan prepared as approved for any urban area in accordance with the provisions of Chapter II of the Rajasthan Urban Improvement Act, 1959 (Act 35 of 1959); (14)"member" means the Chairman and other members of the Board; (15)" notification" means a notification published in the Official Gazette; (16)"premises" means any land or building or part of a building and includes,- (i) The gardens, grounds and out-houses, if any, appertaining to such building or part of a building and (ii) Any fittings affixed to such building or part of a building for the more.....

Contract Labour (Regulation and Abolition) Act, 1970 Complete Act

State: Central

Year: 1970

.....in this behalf, (ii) in a factory, the owner or occupier of the factory and where a person has been named as the manager of the factory under the Factories Act, 1948 (63 of 1948)-, the person so named, (iii) in a mine, the owner or agent of the mine and where a person has been named as the manager of the mine, the person so named, (iv) in any other establishment, any person responsible for the supervision and control of the establishment. (h) "wages" shall have the meaning assigned to it in clause (vi) of section 2 of the Payment of Wages Act, 1936 (4 of 1936)-; (i) "workman" means any person employed in or in connection with the work of any establishment to do any skilled, semi-skilled or unskilled manual, supervisory, technical or clerical work for hire or reward, whether the terms of employment be express or implied but does not include any such person- (A) who is employed mainly in a managerial or administrative capacity ; or (B) who, being employed in a supervisory capacity draws wages exceeding five hundred rupees per mensem or exercises, either by the nature of the duties attached to the office or by reason of the powers vested in him, functions mainly of a managerial.....

Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 Complete Act

State: Central

Year: 1970

.....by him in this behalf realise any asset and discharge any liability of the existing bank. (4) Unless otherwise expressly provided by this Act, all contracts, deeds, bonds, agreements, powers of attorney, grants of legal representation and other instruments of whatever nature subsisting or having effect immediately before the commencement of this Act and to which the existing bank is a party or which are in favour of the existing bank shall be of full force and effect against or in favour of the corresponding new bank. and may be enforced or acted upon as fully and effectually as if in the place of the existing bank the corresponding new bank had been a party thereto or as if they had been issued in favour ot the corresponding new' bank. (5) If, on the appointed day. any suit. appeal or other proceeding of whatever nature in relation to any business of the undertaking which has been transferred under Section 4-, is pending by or against the existing bank the same shall not abate, be discontinued or be. in any way, prejudicially affected by reason of the transfer of the undertaking of the existing bank or of anything contained in this Act but the suit, appeal or other.....

Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 Chapter 5

Title: Miscellaneous

State: Central

Year: 1970

.....not disclose any matters which are by the provisions of the Banking Regulation Act, 1949 (10 of 1949), read with the relevant provisions of this Act or any other Act, not required to be disclosed. Explanation II: For the purposes of this Act the accounts of the corresponding new bank shall to be deemed as having not been properly drawn up on the ground merely that they do not disclose certain matters if,- (i) those matters are such as the corresponding new bank is, by virtue of any provision contained in the Banking Regulation Act, 1949 (10 of 1949), read with the relevant provision of this Act, or any other Act, not required to disclose, and (ii) the provisions referred to in clause (i) are specified in the balance sheet and profit and loss account of the corresponding new bank or in the Auditor's report.] (5) The report of the Auditor shall be verified, signed and transmitted to the Central Government. (6) The Auditor shall also forward a copy of the audit report to the corresponding new bank and to the Reserve Bank. (7) After making provision for bad and doubtful debts, depreciation in assets, contributions to staff and superannuation funds and all other.....

The Haryana & Punjab Agricultural Universities Act, 1970 Complete Act

State: Haryana

Year: 1970

.....University ; (g) "existing University" means the Punjab Agricultural University constituted by section 3 of the Punjab Agricultural University Act, 1961(Punjab Act 32 of 1961) ; (h) "library" means a library established or maintained by a corresponding University ; (i) "prescribed" means prescribed by the Statutes of a corresponding University ; (j) "Statutes" and "Regulations" mean, respectively, the Statutes and Regulations made by a corresponding University under this Act ; (k) "transferred territories" means the territories added to the Union territory of Himachal Pradesh by sub-section (1) of section 5 of the Punjab Reorganisation Act, 1966 (31 of 1966); (l) "Vice-Chancellor" means the Vice-Chancellor of a corresponding University. 3. Dissolution of the existing University and establishment of Haryana and Punjab Agricultural Universities.- As from the commencement of this Act, the existing University shall stand dissolved and there shall be established in its place two independent Agricultural Universities, to be known respectively as the Haryana Agricultural University and the Punjab Agricultural University. 4. Incorporation.- (1) Each of the.....

The Haryana & Punjab Agricultural Universities Act, 1970 Complete Act

State: Punjab

Year: 1970

.....University ; (g) "existing University" means the Punjab Agricultural University constituted by section 3 of the Punjab Agricultural University Act, 1961(Punjab Act 32 of 1961) ; (h) "library" means a library established or maintained by a corresponding University ; (i) "prescribed" means prescribed by the Statutes of a corresponding University ; (j) "Statutes" and "Regulations" mean, respectively, the Statutes and Regulations made by a corresponding University under this Act ; (k) "transferred territories" means the territories added to the Union territory of Himachal Pradesh by sub-section (1) of section 5 of the Punjab Reorganisation Act, 1966 (31 of 1966); (l) "Vice-Chancellor" means the Vice-Chancellor of a corresponding University. 3. Dissolution of the existing University and establishment of Haryana and Punjab Agricultural Universities.- As from the commencement of this Act, the existing University shall stand dissolved and there shall be established in its place two independent Agricultural Universities, to be known respectively as the Haryana Agricultural University and the Punjab Agricultural University. 4. Incorporation.- (1) Each of the.....

Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 Amending Act 1

Title: Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006

State: Central

Year: 1970

.....Act, 1959, the Deposit Insurance and Credit Guarantee Corporation Act, 1961, the Export-Import Bank of India Act, 1981 and the National Housing Bank Act, 1987. BE it enacted by Parliament in the Fifty-seventh Year of the Republic of India as follows:-- CHAPTER I PRELIMINARY 1. Short title and Commencement.-- (1) This Act may be called the Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act and any reference in such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. CHAPTER II AMENDMENTS TO THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970 2. Amendment of section 3.-- In section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970(5 of 1970) (hereafter in this Chapter referred to as the Bank Nationalisation Act),-- (a) in sub-section (2B), for clause (c), the following shall.....

Contract Labour (Regulation & Abolition) Act, 1970 Complete Act

State: Meghalaya

Year: 1970

.....in this behalf, (ii) in a factory, the owner or occupier of the factory and where a person has been named as the manager of the factory under the Factories Act, 1948 (63 of 1948), the person so named. (iii) in a mine, the owner or agent of the mine and where a person has been named as the manager of the mine, the person so named, (iv) in any other establishment, any person responsible for the supervision and control of the establishment. Explanation : For the purpose of sub-clause (iii) of this clause, the expressions "mine", "owner" and "agent" shall have the meanings respectively assigned to them in clause (j) clause (l) and clause (c) of sub-section (1) of section 2 of the Mine Act, 1952 (35 of 1952); (h) "wages" shall have the meaning assigned to it in clause (vi) of section 2 of the Payment of Wages Act, 1936 (4 of 1936); (i) "workman" means any person employed in or in connection with the work of any establishment to do any skilled, semi-skilled or unskilled manual, supervisory, technical or clerical work for hire or reward, whether the terms of employment be express or implied, but does not include any such person- (A) who is employed mainly in a managerial.....