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Start Free TrialSecurities Contracts Regulation Act, 1956 (42 of 1956) Section 8A
Title: Clearing Corporation
State: Central
Year: 1956
.....make bye-laws and submit the same to the Securities and Exchange Board of India for its approval. (3) The Securities and Exchange Board of India may, on being satisfied that it is in the interest of the trade and also in the public interest to transfer the duties and functions of a clearing house to a clearing corporation, grant approval to the bye-laws submitted to it under sub-Section (2) and approve transfer of the duties and functions of a clearing house to a clearing corporation referred to in sub-Section (1). (4) The provisions of Sections 4, 5, 6, 7, 8, 9, 10, 11 and 12 shall, as far as may be, apply to a clearing corporation referred to in sub-Section (1) as they apply in relation to a recognised stock exchange.".] _________________________ 1. Inserted vide The Securities Laws (Amendment) Act, 2004
View Complete Act List Judgments citing this sectionSlum Areas (Improvement and Clearance) Act, 1973 Section 13
Title: Power to Clear Slum Clearance Areas
State: Karnataka
Year: 1973
If any slum clearance area is not cleared or the buildings demolished before the expiration of the period mentioned in section 12 the prescribed authority shall enter and clear the area and demolish the buildings and subject to the provisions of section 61, sell the materials thereof.
View Complete Act List Judgments citing this sectionSarais Act, 1867 Section 9
Title: Power to Shut Up Secure Clear and Clean Deserted Sars
State: Central
Year: 1867
If any sarai by reason of abandonment or of disputed ownership shall remain untenanted, and thereby become a resort of idle and disorderly persons, or become in a filthy or unwholesome state, or be complained of by any two or more of the neighbours as a nuisance, the Magistrate of the District, after due enquiry, may cause notice in writing to be Vienna to the owner or to the person claiming to be the owner, if he be known and resident within the district, and may also cause such notice to be put on some conspicuous part of the sarai, requiring the persons concerned therein, whoever they may be, to secure, enclose, clean or clear the same; and if such requisition shall not be complied with eight days, the Magistrate of the District may cause the necessary work to be executed, and all expenses thereby incurred shall be paid by the owner of the sarai and shall be recoverable like penalties under this Act, or, in case of abandonment or disputed ownership of the sarai, by the sale of any material found therein.
View Complete Act List Judgments citing this sectionPayment and Settlement Systems Act 2007 Section 34
Title: Act Not to Apply to Stock Exchanges or Clearing Corporations of Stock Exchanges
State: Central
Year: 2007
Nothing contained in this Act shall apply to stock exchanges or the clearing corporations of the stock exchanges.
View Complete Act List Judgments citing this sectionCustoms Act, 1962 Section 48
Title: Procedure in Case of Goods Not Cleared, Warehoused, or Transhipped Within Thirty Days After Unloading
State: Central
Year: 1962
If any goods brought into India from a place outside India are not cleared for home consumption or warehoused or transhipped1[within2[thirty days from the date of the unloading thereof at a customs station or within such further time as the proper officer may allow or if the title to any imported goods is relinquished, such goods may, after notice to the importer and with the permission of the proper officer be sold by the person having the custody thereof : Provided that -- ( a) animals, perishable goods and hazardous goods, may, with the permission of the proper officer, be sold at any time; ( b) arms and ammunition may be sold at such time and place and in such manner as the Central Government may direct. Explanation. --In this section, "arms" and "ammunition" have the meanings respectively assigned to them in the Arms Act, 1959 (54 of 1959). ________________________ 1. Substituted by Act 80 of 1985, section 4, for "within two months" (w.e.f. 27-12-1985). 2. Substituted by Act 55 of 1991, section 4, for "forty-five days" (w.e.f. 23-12-1991).
View Complete Act List Judgments citing this sectionSugar Undertakings (Taking over of Management) Act, 1978 Section 8
Title: Assistance to Notified Sugar Undertakings to Clear Arrears of Cane Dues
State: Central
Year: 1978
(1) The Central Government may issue such directions as it deems fit to the Custodian-General and the Custodians to facilitate the speedy clearance of arrears of cane dues so as to avoid undue hardship to cane producing farmers. (2) Without prejudice to the provisions of sub-section (1), the Central Government may render such assistance in such manner as it may deem fit to any notified sugar undertaking to enable the undertaking to clear the whole or any part of its arrears of cane dues so as to avoid undue hardship to cane producing farmers. Explanation. For the purposes of this section, the expression "arrears of cane dues" shall he construed in accordance with the provisions of Cls. (a) and (b) of sub-section (6) of section 3.
View Complete Act List Judgments citing this sectionSlum Areas (Improvement and Clearance) Act, 1973 Section 12
Title: Obligation to Clear Area and Demolish Buildings
State: Karnataka
Year: 1973
When a slum area has been declared to be a slum clearance area under sub-section (1) of section 11, the owners of the lands and the buildings in that area shall clear the area and demolish the buildings before the expiration of such period as may be prescribed.
View Complete Act List Judgments citing this sectionCode of Criminal Procedure, 1898 Complete Act
State: Central
Year: 1898
.....(2) of Section 5, for the words 'but subject to any enactment', substitute the words 'but, save as otherwise provided by this Code, subject to any enactment'. [W.B. Act 8 of 1970, Section 3 and Sch., item 2]. (1) All offences under the Indian Penal Code shall be investigated, inquired into, tried and otherwise dealt with according to the provisions hereinafter contained. Trial of offences against other laws (2) All offences under any other law shall be investigated, inquired into, tried, and otherwise dealt with according to the same provisions, but subject to any enactment for the time being in force regulating the manner or place of investigating, inquiring into, trying or otherwise dealing with such offences. PART 2 CONSTITUTION AND POWERS OF CRIMINAL COURTS AND OFFICES: CHAPTER 2: OF THE CONSTITUTION OF CRIMINAL COURTS AND OFFICES: SECTION 6: Glasses of Criminal Courts: Besides the High Courts and the Courts constituted under any law other than this Code for the time being in force, there shall be five classes of Criminal Courts in [India], namely,- : State Amendments GUJARAT.-In its application to the State of Gujarat the amendment made in Section 6 is the.....
List Judgments citing this sectionSecurities Contracts (Regulation) Act, 1956 Complete Act
State: Central
Year: 1956
.....which, inter alia, are stated as under:" (i) A view was expressed before the Standing Committee that since under Section 30 of the Indian Contract Act, 1872, the contracts which are cash settled are classified as wagers and trading in wagers is null and void, the index future which are always cash settled would also be classified as wagers under the said Act. Due to this, no proceedings to enforce an index future contract either by an exchange against a defaulting broker or client against his broker would stand the legal scrutiny before the court of law. The Committee was, therefore, of the view that there was no harm in having an overriding provision as a matter of abundant caution. They, therefore, suggested the incorporation of the following provision in the Bill, namely: " "Notwithstanding anything contained in any other Act, contracts in derivatives as per this Act shall be legal and valid."; (ii) The Committee was convinced that stock exchanges which are presently working would be better equipped to undertake trading in derivatives in a sophisticated environment. They further observed that most of these exchanges have already been modernised having state-of- the-art.....
List Judgments citing this sectionThe Tamil Nadu District Municipalities Act (Tamil Nadu Act V of 1920) Complete Act
State: Tamil Nadu
Year: 1920
.....with the District Municipalities Act " It can be referred to " 1935 M 657 Rules must be consistent with the Act " 19Cri. L.J. 392 2. Repeal of enactments - The enactments mentioned in Schedule I are repealed to the extent specified in the fourth column thereof. 3. Definitions - In this Act unless there is anything repugnant in the subject or context "(1) Original clause (1) was re-numbered as clause (1-B) and clause (1) and (1-A) were inserted by Tamil Nadu District Municipalities Act, 1930; clause (1) was omitted and clause (1-A) were re-numbered as clause (1) by Madras City Municipal District Municipalities and Local Boards (Amendment) Act, 1938 and for the clause as so re-numbered the present clause was substituted by the Adaptation (Amendment) Order of 1950. Omitted by Tamil Nadu Act XVII of 1973. Clause (1) of the original section was re-numbered as Clause (1-B) by Tamil Nadu Act X of 1930 [ (1-B) ˜Appoint' " ˜Appoint' includes to appoint temporarily or in an officiating capacity.] (2) ˜Appointment' - ˜Appointment' includes temporary and officiating appointments. Clause (2-a), Inserted by Tamil Nadu Municipal Laws (Amendment) Act 34 of.....
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