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Prohibition of Charging Exorbitant Interest Act, 2004 Preamble 1

Title: Prohibition of Charging Exorbitant Interest Act, 2004

State: Karnataka

Year: 2004

THE KARNATAKA PROHIBITION OF CHARGING EXORBITANT INTEREST ACT, 2004 [Act, No. 14 of 2004]1 [4th March, 2004] PREAMBLE An Act to prohibit the charging of exorbitant interest by any person and matters incidental thereto. Whereas, in order to obviate the difficulties experienced by the public at large who are falling prey to persons charging exorbitant interest, it is considered necessary to prohibit lending money for such exorbitant interest and to provide for stringent punishment thereof and for the purposes hereinafter appearing; Be it enacted by the Karnataka State Legislature in the Fifty fifth year of the Republic of India as follows;- _______________________ 1. First published in the Karnataka Gazette Extra-ordinary on the Sixth day of March, 2004.

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Bombay Charged Expenditure Act 1957, (Maharashtra) Preamble

Title: the Bombay Charged Expenditure Act 1957

State: Maharashtra

Year: 1957

THE BOMBAY CHARGED EXPENDITURE ACT 1957 [Act No. 5 of 1957]1 [20th March, 1957] PREAMBLE An Act to provide that certain expenditure shall be charged on the Consolidated Fund of the State. WHEREAS it is expedient to declare certain expenditure to be charged on the Consolidated Fund of the State, and for that purpose repeal and enact afresh certain provisions relating thereto in certain enactments; It is hereby enacted in the Eighth Year of the Republic of India as follows :- __________________ 1. For Statement of Objects and Reasons, see Bombay Government Gazette, 1957, Part V, p. 6.

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Prohibition of Charging Exorbitant Interest Act, 2004 Complete Act

Title: Prohibition of Charging Exorbitant Interest Act, 2004

State: Karnataka

Year: 2004

Preamble 1 - PROHIBITION OF CHARGING EXORBITANT INTEREST ACT, 2004 Section 1 - Short title, extent and commencement Section 2 - Definitions Section 3 - Prohibition of charging exorbitant interest Section 4 - Penalty Section 5 - Deposit of money and presentation of petition to court and the procedure thereof Section 6 - Restoration of possession of property Section 7 - Voluntary disclosure Section 8 - Adjustment of Interest Section 9 - Abetment of suicide Section 10 - Court fees Section 11 - Act not to be in derogation to other laws Section 12 - Application of provisions of the Karnataka Money Lenders Act, 1961 Section 13 - Deferment of repayment of loan Section 14 - Repeal and Savings

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Bombay Charged Expenditure Act 1957, (Maharashtra) Section 2

Title: Repeals and Enactment Providing for Charging Certain Expenditure on the Consolidated Fund of the State

State: Maharashtra

Year: 1957

(1) In the Schedule the provisions mentioned in column 2 thereof the enactments set out in column 1, shall with effect from the 1st day of November, 1956 be deemed to have been repealed, and with effect from that date the provisions in column 3 of the Schedule shall be deemed to have been inserted in their place. (2) The Bombay Charged Expenditure Act, 1950 and the Madhya Pradesh Consolidated Fund (Charged Expenditure) Act, 1950, are repealed.

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Prohibition of Charging Exorbitant Interest Act, 2004 Section 3

Title: Prohibition of Charging Exorbitant Interest

State: Karnataka

Year: 2004

No person shall charge exorbitant interest on any loan advanced by him.

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Code of Criminal Procedure, 1973 Chapter 17

Title: The Charge

State: Central

Year: 1973

.....323, 392 and 394 of the Indian Penal Code (45 of 1860). Section 221 - Where it is doubtful what offence has been committed (1) If a single act or series of acts is of such a nature that it is doubtful which of several offences the facts which can be proved will constitute, the accused may be charged with having committed all or any of such offences, and any number of such charges may be tried at once; or he may be charged in the alternative with having committed some one of the said offences. (2) If in such a case the accused is charged with one offence, and it appears in evidence that he committed a different offence for which he might have been charged under the provisions of sub-section (1), he may be convicted of the offence which he is shown to have committed, although he was not charged with it. Illustrations (a) A is accused of an act which may amount to theft, or receiving stolen property, or criminal breach of trust or cheating. He may be charged with theft, receiving stolen property, criminal breach of trust and cheating, or he may be charged with having committed theft, or receiving stolen property or criminal breach of trust or cheating. (b) In the.....

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Companies Act, 1956 Part 5

Title: Registration of Charges

State: Central

Year: 1956

.....released from the charge or has ceased to form part of the company's property or undertaking; enter in the register of charges a memorandum of satisfaction in whole or in part, or of the fact that part of the property or undertaking has been released from the charge or has ceased to form part of the company's property or undertaking, as the case may be, notwithstanding the fact that no intimation has been received by him from the company. Section 140 - Copy of memorandum of satisfaction to be furnished to company Where the Registrar enters a memorandum of satisfaction in whole or in part, in pursuance of section 138 or 139, he shall furnish the company with a copy of the memorandum. Section 141 - Rectification by Central Government of register of charges 1 [141. Rectification by Central Government of register of charges- (1) The Central Government, on being satisfied- (a) that the omission to file with the Registrar the particulars of any charge created by a company or of any charge subject to which any property has been acquired by the company or of any modification of any such charge or of any issue of debentures of a series, or that the omission to register any.....

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The Orissa Betterment Charges Act, 1955 Complete Act

State: Orissa

Year: 1955

.....suit, prosecution or other legal proceeding shall lie against any person in respect of anything done or intended to be done in good faith under this Act or the rules made thereunder. Section 20 - Powers of Revenue and Canal Officer to summon persons, etc. The Revenue Officer, Canal Officer or any other officer authorised by any of them or the authority prescribed in pursuance of Section 12 shall have the same powers as are vested in a Court under the Code of Civil Procedure, 1908 (V of 1908) when trying a suit in respect of the following matters, namely: (a) enforcing the attendance of any person and examining him on oath or affirmation; (b) compelling the production of documents, and any proceeding under this Act before the Revenue Officer, Canal Officer or any other officer authorised by them shall be deemed to be 'judicial proceeding' within the meaning of Sections 193 and 228, and for the purpose of Section 196 of the Indian Penal Code, 1860 (XLV of 1860). Section 21 - Power to make rules (1) The State Government may by notification in the official Gazette make rules to carry out the purposes of the Act. (2) In particular and without prejudice to the generality of the.....

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The Punjab Betterment Charges and Acreage Rates Rules, 1955 Complete Act

State: Punjab

Year: 1955

.....in demand - If, after delivery of the demand slips to the assessees, any addition is made to the demand, or any suspension is allowed under the Act or rules thereunder, such addition or suspension shall be communicated to the owner or occupancy tenant, as the case may be, by means of sup0plymentry demand slips. Demands shall be shown in black ink, and suspension in red ink. All such alterations as are made before the despatch of the Demand Statements to the Tehsil concerned under Rule 13 supra shall be included in that document and suspension in red written on slips similarly printed and attached to the Demand Statement. Alterations made after the despatch of Demand Statement shall be intimated to the Tehsil concerned in a supplementary consolidated statement after 60 days. Any addition or suspension allowed thereafter shall be similarly incorporated in the Demand Statement for the succeeding harvest. Due intimation will be given about additions and suspension to assessees concerned by issue of supplementary demand slips in the manner prescribed in Rule 12. 28. Minimum amounts for additions and remission - No additional demand shall be prepared and no suspension shall be.....

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Companies Act, 1956 Section 125

Title: Certain Charges to Be Void Against Liquidator or Creditors Unless Registered

State: Central

Year: 1956

.....to the law of the country in which the property is situate. (7) Where a negotiable instrument has been given to secure the payment of any book debts of a company, the deposit of the instrument for the purpose of securing an advance to the company shall not, for the purposes of this section, be treated as a charge on those book debts. (8) The holding of debentures entitling the holder to a charge on immovable property shall not, for the purposes of this section, be deemed to be an interest in immovable property. ________________________ 1. Substituted by Act 31 of 1965, Section 62 and Schedule, for "twenty-one" (w.e.f. 15-10-1965). 2. Proviso Inserted by Act 65 of 1960, Section 29 and Substituted by Act 31 of 1988, Section 18 (w.e.f. 15-6-1988).

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